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As of Oct. 10 this year, the total domestic inventories of five major finished steel products in China's 21 major cities totaled 9.46 million tons, an increase of 440,000 tons, or 4.9 percent, from Sept. 30, the China Iron and Steel Association (CISA) announced.
Specifically, domestic inventories as of Oct. 10 HRC, CRC, medium steel sheet, wire rod and rebar increased by 5.9 percent, 5.9 percent, 5.6 percent, 4.8 percent and 3.8 percent, respectively, compared to September 30.
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