On June 20 this year, overall domestic inventories of the five main finished steel products in 21 major cities in China totaled 10.43 million mt, down 100,000 mt or 0.9 percent compared to June 10, as announced by the China Iron and Steel Association (CISA).
In particular, as of June 20, domestic inventories of medium steel plate, wire rod and rebar declined by 5.0 percent, 1.1 percent and 0.6 percent, respectively, while domestic inventories of HRC and CRC remained stable, all compared to June 10.
