China HRC Stocks down 2.21% on Week

SHANGHAI, Apr 6 (SMM) – The total inventory of HRC across social warehouses and steel makers in China stood at 3.37 million mt as of April 6, down 76,000 mt or 2.21% from a week ago, a drop of 7.68% on the year.

The inventory across social warehouses was 2.31 million mt, down 80,100 mt or 3.35% from a week ago, a drop of 9.66% on the year.

The in-plant inventory of steel makers totalled 1.06 million mt, up 4,000 mt or 0.38% from a week ago, and a drop of 3.07% on the year.