China’s RB Steel Inventory Drops for Consecutive 6 weeks, Hot-rolled Coil Slightly Slips

Published: Nov 23, 2017 14:12

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As per SMM inventory data, this week domestic social inventory of RB steel reaches 3.4638 million tons, down 273,600 tons on weekly basis by 7.3%.

SHANGHAI, Nov.23 (SMM)－As per SMM inventory data, this week domestic social inventory of RB steel reaches 3.4638 million tons, down 273,600 tons on weekly basis by 7.3%. Inventory of wire rod reaches 1.0046 million tons, down 147,000 tons on weekly basis by 12.8%. Inventory of hot-rolled plate reaches 2.0682 million tons, down 72,000 tons on weekly basis by 3.4%.

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