On March 31 this year, overall domestic inventories of the five main finished steel products in 21 major cities in China totaled 11.42 million mt, decreasing by 1.9 percent compared to March 20, as announced by the China Iron and Steel Association (CISA).
In particular, as of March 31, domestic inventory of HRC, CRC, medium steel plate, wire rod and rebar decreased by 2.9 percent, 1.4 percent, 1.7 percent, 4.2 percent and 1.1 percent, respectively, all compared to March 20.
