WEEKLY: China's retail steel stocks build during the National Day holiday

Retail stocks of the five major carbon steel items held by the Chinese traders that Mysteel regularly checks accumulated moderately during the week-long National Day holiday over October 1-7, according to the results of Mysteel's latest survey.

As of October 7, 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 had mounted by 4.5% or by 793,900 tonnes from end-September to 18.32 million tonnes, the survey results revealed. Steady production among