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WEEKLY: Decline in China's retail steel stocks narrows on week

Source: Mysteel May 07, 2026 19:00
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Steel Inventory
Retail stocks of the five major finished steel items stockpiled in the commercial warehouses across China that Mysteel regularly monitors declined on week during May 1-7, the results of Mysteel's latest weekly survey revealed.
But at 0.5%, the pace was significantly slower than the previous week's fall of 2.9% as the May Day holiday over May 1-5 caused transactions and deliveries to slow as well, Mysteel Global noted.   As of May 7, the total inventories of rebar, wire rod, hot-rolled coil (HRC), cold-rolled coil (CRC) and medium plate held by traders in the 132 cities

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