Tag: China’s steel inventory falls 2% w-o-w to 14.27 mnt

China’s steel inventory falls 2%, w-o-w, to 14.27 mnt

Jun 24, 2022

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by

Suyash Jain

in HRC

China’s steel inventory fell 2% to 14.27 mnt today compared to 14.51 mnt a week ago, as per Lange Steel. Stocks across product catergories – CRC: 1.34 mnt, up 1% w-o-w. Plates: 1.20 mnt, up 1%. HRC: 2.64 mnt, largely stable. Rebar: 7.34 mnt, down 3%. Wire rods: 1.75 mnt, down 4%.