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.


Most Recent Related Articles

CISA mills’ daily steel output up further in late May, inventories down sharply

Average residential housing price in Chinese cities up 2.99% in May

China’s steel bars exports down 29.7% in Jan-Apr

China more active in HRC imports than exports, trend to continue

Ex-China stainless steel prices edge up