Tag: Chinese Traders’ HRC Stocks Ebb After 3-Months Gain

Hot-rolled coil (HRC) inventories with the traders in the 33 Chinese cities reversed down over March 13-19 after nearly three consecutive months of growth since late December 2019 to about 4 million tonnes as of March 19, more as Chinese steel mills had been trimming output amid the dismal market situation, Mysteel’s latest weekly survey…