Intel Details

China's steel inventory drops 3%, w-o-w, to 11.84 mnt

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5 Aug 2022, 19:08 IST
Steel Mint Intel

China's steel inventory dropped by 3% w-o-w to 11.84 mnt today compared with 12.24 mnt in the previous week, as per Lange Steel.

  • Stocks of HRC and plates edged down by 1% each w-o-w to 2.69 mnt and 1.18 mnt respectively, while CRC stocks inched up 1% w-o-w to 1.38 mnt.
  • Stocks of rebars and wire rods declined by 6% and 2% w-o-w to 5.22 mnt and 1.38 mnt respectively.

5 Aug 2022, 19:08 IST
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