On June 30 this year, overall domestic inventories of the five main finished steel products in 21 major cities in China totaled 10.41 million mt, down 20,000 mt or 0.2 percent compared to June 20, as announced by the China Iron and Steel Association (CISA).
In particular, as of June 30, domestic inventories of HRC and CRC declined by 2.9 percent and 1.5 percent, while domestic inventories of medium steel plate, wire rod and rebar rose by 2.6 percent, 2.1 percent and 0.4 percent, respectively, all compared to June 20.