SHANGHAI, Dec 23 (SMM) – SMM data showed that HRC stocks across social warehouses and steel makers decreased 92,400 mt or 3.00% on the week to 2.99 million mt in the week ended December 23, unchanged from a year ago.
Inventories across social warehouses decreased 82,900 mt or 3.71% to around 2.15 million mt. This was down 8.00% from the same period last year.
Stocks at Chinese steel makers came in at 835,100 mt, down 9,500 mt or 1.13% week on week and 15.35% year on year.
