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Tag: China’s Retail HRC Stocks Hit Historical Low

  • China’s Retail HRC Stocks Hit Historical Low

    China’s Retail HRC Stocks Hit Historical Low

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    Admin Operation
    in

    The decline in stocks of hot-rolled coil (HRC) among Chinese traders, ongoing since October, extended further into November, according to Mysteel’s latest stock survey. As of December 12, the stocks at traders in 33 cities nationwide checked by Mysteel touched a historical low since January 2013 at 1.6 million tonnes, mainly because actual demand stayed…