Tag: china steel stocks
-

China’s retail steel stocks at 11.5-month low
Over December 17-23, total stocks of the five major finished steel products at commercial warehouses in the 132 Chinese cities under Mysteel’s tracking reached a new low since January 8, with the volume falling by 495,500 tonnes or 3.5% on week to 13.6 million tonnes. The dealers’ inventories have now fallen for eleven straight weeks.…