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.
