SHANGHAI, Sept. 1 (SMM) – Rebar stocks across China have been rising steadily, while hot-rolled steel plate stocks reversed declines, SMM statistics showed.
Iron Ore Stocks at China Major Ports Fall for Six Consecutive Weeks
As of August 31, rebar stocks totaled 4.62 million tonnes, up 2% week-on-week, versus 2.2 million tonnes of hot-rolled steel plate stocks, up 1.7% week-on-week, and 1.12 million tonnes of steel wire rod stocks, up 2.4% week-on-week.
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