China HRC Stocks up 0.44% on Week

SHANGHAI, Apr 27 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 3.26 million mt as of April 27, up 14,300 mt or 0.44% from a week ago, a loss of 14.02% on the year.

The inventory across social warehouses was 2.14 million mt, down 7,700 mt or 0.36% from a week ago, a decline of 17.59% on the year.

The in-plant inventory at steel mills totalled 1.12 million mt, up 22,100 mt or 2.02% from a week ago, a drop of 6.23% on the year.