Tag: China’s retail steel stocks fall further on active buying

Finished steel inventories at Chinese trading warehouses sampled by Mysteel fell by another 3.2% over March 10-16, making for the fourth straight weekly decline, the latest survey results showed, mainly reflecting active buying among end-users during the early part of the week, sources said. The stocks of rebar, wire rod, hot-rolled coil, cold-rolled coil and…