As of October 31 this year, the total domestic stocks of the five main types of finished steel products in China's 21 major cities totaled 9.05 million tons, down 310,000 tons, or 3.3 percent, from October 20, according to the China Association of Metallurgy and Steel (CISA).
In particular, as of October 31, domestic reserves of HRC increased by 0.5 percent, while domestic reserves of CRC, medium steel sheet, wire rod and rebar decreased by 2.8 percent, 2.7 percent, 4.7 percent and 5.6 percent, respectively, compared to October 20.
