|
Sept 20 (LTIT) –Social inventories of hot-rolled coil (HRC) in China inched up this week, after declining for five weeks in a row, rising 0.5% from a week earlier to stand at 2.34 million mt as of Thursday September 19, showed SMM data. Social stocks rose 7.9% from a year ago. HRC inventories across steelmakers also grew this week, increasing by 1.4% to 975,900 million mt, standing 2% lower than the same period last year. Overall HRC stocks across social and in-plant warehouses in China came in at 3.31 million mt as of September 19, up 0.8% from a week ago and 4.8% from a year ago. |
WWW.LINGTONG.INFO is China's most authoritative information provider on non-ferrous scrap metals. Once registered, your account will be available on both Chinese and English websites. More information is waiting for you on www.lingtong.info . Register now for free!
