China’s HRC & CRC inventory decrease last week
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Update time : 2021-03-22 17:07:10
According to the market news, the total inventory of steel products in China showed almost 22 million tons last week (on March 19th), which decreased by over 2% from the previous week.
Among them, the largest decline happened in the hot-rolled coil (HRC), with almost 5% decline in a week, came to less than 3 million tons; the total inventory of cold-rolled coil (CRC) in China was around 1.2 million tons, decreased slightly with around 0.6%.
Moreover, the main inventory of rebar in some of the main cities in China also showed week on week decrease, with a rate of about 1.65%, which came to less than 13 million tons.
