Main steel products stocks in China almost stable in mid-August as HRC up, while rebar down

Tuesday, 24 August 2021 13:37:35 (GMT+3)   |   Shanghai

On August 20 this year, overall domestic inventories of the five main finished steel products in 20 major cities in China totaled 11.92 million mt, up just 10,000 mt or 0.1 percent compared to August 10, as announced by the China Iron and Steel Association (CISA).

In particular, as of August 20, domestic inventories of hot rolled coil (HRC), cold rolled coil (CRC) and wire rod amounted to 1.94 million mt, 1.12 million mt and 1.93 million mt, up 1.0 percent, 0.9 percent and 2.7 percent, though of common medium plate and rebar amounted to 1.02 million mt and 5.91 million mt, down 1.9 percent and 0.8 percent, respectively, compared to August 10.

Most Recent Related Articles

NBS: Local Chinese rebar prices down 2.5 percent in mid-Oct

Stocks of main finished steel products in China down 6.3% in mid-Oct

Shagang Group suspends flats rolling operations, cuts longs output

NBS: Local Chinese rebar prices up 3.8 percent in early October

NBS: Local Chinese rebar prices up 4.1 percent in late September