Tag: China’s steel inventory increased by 8%

  • China’s steel inventory increases by 8% w-o-w

    China’s steel inventory increases by 8% w-o-w

    China’s steel inventory increased by 8% w-o-w to 8.91 mnt as on 6 Jan’23 against 8.28 mnt a week ago. Stocks of HRCs and CRCs rose by 6% and 3% w-o-w to 2.05 mnt and 1.20 mnt, respectively. Similarly, plates stocks went up by 4% w-o-w to 1.09 mnt. Rebars and wire rods stocks registered…