China HRC Stocks up 0.39% on Week

SHANGHAI, Feb 9 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 4.21 million mt as of February 9, up 16,200 mt or 0.39% from a week ago, a gain of 11.87% on the year.

The inventory across social warehouses was 3.09 million mt, up 19,100 mt or 0.62% from a week ago, a gain of 12.93% on the year.

The in-plant inventory of steel makers totalled 1.11 million mt, down 2,900 mt or 0.26% from a week ago, and a gain of 9.01% on the year.