Finished steel inventories in China decrease during April

Wednesday, 15 May 2019 11:31:50 (GMT+3)   |   Shanghai

As of April 30 this year, overall domestic inventories of the five main finished steel products in China totaled 14.11 million mt, down 2.33 million mt or 14.2 percent month on month, as announced by the China Iron and Steel Association (CISA).

In particular, as of the given date, domestic inventories of hot rolled coil (HRC), cold rolled coil (CRC), common medium plate, wire rod and rebar amounted to 1.69 million mt, 1.91 million mt, 1.02 million mt, 3.09 million mt and 6.41 million mt, respectively decreasing by 17.8 percent, 0.52 percent, 13.0 percent, 8.4 percent and 19.1 percent, month on month.

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