Tag: China’s steel inventory decreases by 3% w-o-w

China’s steel inventory fell by 3% w-o-w to 9.27 mnt as on 28 Oct’22 against 9.54 mnt in the previous week. Stocks of HRCs dropped by 3% to 2.37 mnt while those of plates and CRCs went down by 2% to 1.10 mnt and 1.27 mnt respectively. Wire rods stocks fell sharply by 6% to…