Tag: China’s retail steel stocks fall to 11-month low

Over December 10-16, total stocks of the five major finished steel products at commercial warehouses in the 132 Chinese cities under Mysteel’s tracking touched a new low since January 15 after a 10-week drop, with the volume falling by 4.1% or 610,100 tonnes on week to 14.1 million tonnes. During the latest survey period, the…