China’s RB Steel Inventories Drops Dramatically This Week, with Hot-rolled Coil Inventories Slightly Rise

Published: Nov 2, 2017 14:22

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According to SMM inventories data, this week domestic RB steel inventories is 4.3895 million tonnes, dropping 4.1% by 189,400 tonnes on weekly basis.

SHANGHAI, Nov.2 (SMM)－According to SMM inventories data, this week domestic RB steel inventories is 4.3895 million tonnes, dropping 4.1% by 189,400 tonnes on weekly basis. Wire rod inventories is 1.3915 million tonnes, dropping 1.8% by 25,700 tonnes on weekly basis. Hot-rolled plate inventories is 2.2008 million tonnes, rising 0.6% by 12,400 tonnes on weekly basis.

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