China HRC Stocks Up 89,800 mt on Week

SHANGHAI, Jul 14 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 3.99 million mt as of July 14, up 89,800 mt or 2.31% on the week, a decrease of 0.1% on the year.

The inventory across social warehouses was 2.95 million mt, up 83,000 mt or 2.89% from the previous week, rising 0.21% on the year.

The in-plant inventory of steel makers totalled 1.03 million mt, up 6,900 mt or 0.67% on the week, and down 0.63% on the year.