On October 10 this year, overall domestic inventories of the five main finished steel products in 21 major cities in China totaled 9.46 million mt, increasing by 440,000 mt or 4.9 percent compared to September 30, as announced by the China Iron and Steel Association (CISA).
In particular, as of October 10, domestic inventories of HRC, CRC, medium steel plate, wire rod and rebar increased by 5.9 percent, 5.9 percent, 5.6 percent, 4.8 percent and 3.8 percent, respectively, all compared to September 30.