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Tag: China: Steel inventory falls to 15.19 mnt w-o-w

  • China: Steel inventory falls to 15.19 mnt w-o-w

    China: Steel inventory falls to 15.19 mnt w-o-w

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    by

    Suyash Jain
    in

    Steel inventory by major Chinese mills dropped 2.5% to 15.19 mnt as assessed on 15 Apr’22, in comparison with 15.58 mnt a week ago, as per Lange Steel. Steel stocks (HRC, CRC and plates) stood largely stable at 4.89 mnt against 4.91 mnt a week ago. Construction steel stocks which consist of rebar and wire…