SHANGHAI, Aug 25 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 3.59 million mt as of August 25, down 136,000 mt or 3.65% on the week, a decrease of 9.61% on the year.
The inventory across social warehouses was 2.56 million mt, down 154,600 mt or 5.69% from the previous week, a drop of 15.08% on the year.
The in-plant inventory of steel makers totalled 1.03 million mt, up 18,600 mt or 1.84% on the week, and an increase of 7.63% on the year.
