On September 20 this year, overall domestic inventories of the five main finished steel products in 21 major cities in China totaled 9.31 million mt, down 260,000 mt or 2.7 percent compared to September 10, as announced by the China Iron and Steel Association (CISA).
In particular, as of September 20, domestic inventory of hot rolled coil (HRC) and common medium plate amounted to 2.03 million mt and 1.08 million mt, increasing by 1.0 percent and 1.9 percent, while inventory of cold rolled coil (CRC), wire rod and rebar amounted to 1.17 million mt, 0.9 million mt and 4.13 million mt, decreasing by 2.5 percent, 1.1 percent and 5.9 percent, respectively, all compared to September 10.