China HRC Inventory Rose 49,000 mt on Week

SHANGHAI, Jan 20 (SMM) - The total inventories of HRC stood at 2.97 million mt, up 49,000 mt or 1.67% on the week, and down 11.84% on the year.

The social inventories stood at 2.12 million mt, up 7,400 mt or 0.35% from a week ago, down 1.98% year-on-year.

The in-plant inventory at steel mills recorded 849,900 mt, up 41,500 mt or 5.14% on the week, and down 29.55% from last year.

Social Inventories

In-plant Inventories