Steel: chinese stocks fall further

In the latest week, China's total inventories of the five main finished steel products (reinforcing bar, wire rod, hot-rolled coil, cold-rolled coil, and medium plate) hit a 10-month low, falling another 3.9% or 623,800 tons weekly to 15.2 million tons. Of these, rebar posted the largest weekly decline of 400,900 tons, hitting a 10-month low […]