WEEKLY: China's retail steel stocks stay stable on week

Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks were largely unchanged on week during August 21-27, according to the results of Mysteel's latest weekly survey.

As of August 27, the combined inventories of rebar, wire rod, hot-rolled coil (HRC), cold-rolled coil (CRC) and medium plate held by traders in the 132 cities Mysteel monitors were higher by a minimal 1,500 tonnes on week at 19.29 million tonnes, the survey results revealed. Among the five finished