China HRC Stocks Up 63,800 mt on Week

SHANGHAI, Jun 9 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 3.73 million mt as of June 9, up 63,800 mt or 1.73% on the week, an increase of 4.09% on the year.

The inventory across social warehouses was 2.73 million mt, up 88,600 mt or 3.35% from the previous week, rising 5.64% on the year.

The in-plant inventory of steel makers totalled 1.03 million mt, down 24,800 mt or 2.36% on the week, and up 0.17% on the year.