SHANGHAI, Oct 27 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 3.10 million mt as of October 27, down 125,600 mt or 3.9% from a week ago, a decrease of 10.53% on the year.
The inventory across social warehouses was 2.07 million mt, down 107,000 mt or 4.91% from the previous week, a drop of 20.51% on the year.
The in-plant inventory of steel makers totalled 1.03 million mt, down 18,600 mt or 1.78% on the week, and a gain of 19.85% on the year.
