WEEKLY: China's retail steel stocks level off on week

Retail inventories of the five major finished steel products in warehouses across China regularly checked by Mysteel held largely steady on week over January 9-15, according to Mysteel's latest weekly survey.

The combined stocks of rebar, wire rod, hot-rolled coil (HRC), cold-rolled coil (CRC) and medium plate held by traders in commercial warehouses in the 132 cities Mysteel regularly monitors had edged up by 0.2% or 25,500 tonnes on week to 14.56 million tonnes as of January 15. Among the five carbon steel