China HRC Stocks Up 37,900 mt on Week

SHANGHAI, Jun 16 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 3.80 million mt as of June 16, up 37,900 mt or 1.01% on the week, an increase of 1.81% on the year.

The inventory across social warehouses was 2.80 million mt, up 65,300 mt or 2.39% from the previous week, rising 3.85% on the year.

The in-plant inventory of steel makers totalled 998,900 mt, down 27,400 mt or 2.67% on the week, and down 3.5% on the year.