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China HRC Stocks up 10.79% on Week

iconJan 19, 2023 15:40
Source:SMM
The total inventory of HRC across social warehouses and steel makers in China stood at 3.31 million mt as of January 19, up 322,700 mt or 10.79% from a week ago, a gain of 7.5% on the year.

SHANGHAI, Jan 19 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 3.31 million mt as of January 19, up 322,700 mt or 10.79% from a week ago, a gain of 7.5% on the year.

The inventory across social warehouses was 2.32 million mt, up 289,100 mt or 14.21% from the previous week, a gain of 4.88% on the year.

The in-plant inventory of steel makers totalled 988,600 mt, up 33,500 mt or 3.51% on the week, and a gain of 14.22% on the year.

Inventory

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