Tag: China: Steel inventory falls by 3% to 14.4 mnt w-o-w

China: Steel inventory falls by 3% to 14.4 mnt w-o-w

Apr 29, 2022

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by

Suyash Jain

in HRC

China’s steel inventory fell by 3% to 14.48 mnt today, compared to 14.87 mnt in the previous week, as per Lange steel. Stocks of HRC and plates dropped by 3% and 2% respectively to 2.33 mnt and 1.05 mnt, while CRC stocks remained flat at 1.35 mnt w-o-w. Stocks of rebar and wire rods fell…