According to the data of China Iron and Steel Association (CISA), the inventory of the main finished steel products including plate, hot rolled coil, cold rolled coil, rebar and wire rod totaled 14.346 million tons in the week end January 18th, increasing by 329,000 tons compared to the previous week.
Among them, the stocks of rebar increased by 254,000 tons; those of wire rods rose by 44,000 tons; those of hot rolled coil were up by 19,000 tons’ those of plates surged by 5,000 tons but those of cold rolled coil decreased by 2,000 tons.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62702&division=A2
