SHANGHAI, Sept. 29 (SMM) – Social inventories of 5 categories of finished steel in China’s 20 major cities rose in September on a monthly basis, according to China Iron and Steel Association (CISA).
Total stocks rose 7.6% month-on-month to 8.84 million tonnes in September. This includes 1.03 million tonnes at ports, up 7.3%, and 7.81 million tonnes in the market, up 7.7%.
By product, stocks of long products registered bigger growth than medium-thick plate and cold-rolled coil. Only hot-rolled coil stocks dropped.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: email@example.com or firstname.lastname@example.org.