Domestic RB Steel Inventories Drop Dramatically, Hot-rolled Coil Inventories Continues to Decline

Published: Oct 19, 2017 14:35

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According to SMM inventories data, this week domestic social inventories of RB steel is 4.6439 million tonnes, dropping 5.1% by 247,800 tonnes MoM.

SHANGHAI, Oct. 19 (SMM)－According to SMM inventories data, this week domestic social inventories of RB steel is 4.6439 million tonnes, dropping 5.1% by 247,800 tonnes MoM. Domestic inventories of wire rod is 1.3566 million tonnes, dropping 0.5% by 7,200 tonnes MoM. Domestic inventories of hot-rolled plate is 2.1816 million tonnes, dropping 3.3% by 75,100 tonnes MoM.

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