SHANGHAI, Sep 29 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 3.12 million mt as of September 29, down 143,100 mt or 4.38% on the week, a decrease of 14.08% on the year.

The inventory across social warehouses was 2.14 million mt, down 105,600 mt or 4.7% from the previous week, a drop of 23.19% on the year.

The in-plant inventory of steel makers totalled 981,400 mt, down 37,500 mt or 3.68% on the week, and an increase of 15.91% on the year.