On June 30 this year, overall domestic inventories of the five main finished steel products in 21 major cities in China totaled 7.69 million mt, down 70,000 mt or 0.9 percent compared to June 20, as announced by the China Iron and Steel Association (CISA).
In particular, as of June 30, domestic inventories of HRC, CRC and wire rod remained stable, respectively, while inventory of medium steel plate rose by 4.1 percent and inventory of rebar decreased by 3.5 percent, all compared to June 20.