Tag: WEEKLY: China’s retail steel stocks hit 9-month low

Mysteel: China’s retail steel inventories have been progressively shrinking since mid-July, and the downward trajectory continued this week, Mysteel’s latest survey revealed. Stocks of the five major steel items held by Chinese traders witnessed a decline in tonnage, which thinned by 6.3% w-o-w over 20-26 September to hit a nine-month low, last seen at the…