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China HRC Stocks Rose 4.09% on Week

iconFeb 18, 2022 11:07
Source:SMM
The HRC stocks across social warehouses and steel makers rose 147,900 mt or 4.09% on the week, a decrease of 15.46% than a year ago, to 3.76 million mt in the week ended February 17.

SHANGHAI, Feb 18 (SMM) – The HRC stocks across social warehouses and steel makers rose 147,900 mt or 4.09% on the week, a decrease of 15.46% than a year ago, to 3.76 million mt in the week ended February 17.

Inventories across social warehouses increased 111,200 mt or 4.23% week on week to 2.74 million mt. This was 12.74% lower than the same period last year.

Stocks at Chinese steel makers came in at 1.02 million mt, up 36,700 mt or 3.72% from a week earlier but down 21.97% year on year.


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