As of November 20 this year, the total domestic stocks of the five main types of finished steel products in 21 major Chinese cities totaled 8.71 million tons, a decrease of 220,000 tons, or 2.5 percent, compared with November 10, as announced by the Chinese Association of Ferrous Metallurgy (CISA).
In particular, as of November 20, domestic stocks of HRC, CRC, medium steel sheet, wire rod and rebar decreased by 1.9 percent, 1.5 percent, 1.0 percent, 2.5 percent and 3.7 percent, respectively, compared with November 10.
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