As of September 25 this year, overall domestic inventories of the five main finished steel products in China totaled 8.64 million mt, up 668,000 mt or 8.38 percent month on month, as announced by the China Iron and Steel Association (CISA).
In particular, as of the given date, domestic inventories of hot rolled coil (HRC), cold rolled coil (CRC), common medium plate, wire rod and rebar amounted to 1.456 million mt, 1.46 million mt, 980,000 mt, 970,000 mt and 3.78 million mt, rising by 6.33 percent, 2.31 percent, 0.29 percent, 9.78 percent and 13.82 percent month on month, respectively.