WEEKLY: traders' steel stocks up 11.6%, mills down 7.5% | Mysteel Global
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WEEKLY: traders' steel stocks up 11.6%, mills down 7.5%

The inventories of five major steel products including rebar, wire rod, HRC, CRC and medium plate at the traders surged 11.6%, while at the surveyed steel mills down 7.5%, both week on week, mainly due to the gradual revival in demand from traders during February 26-March 2 after the official Chinese New Year holiday, according to Mysteel's latest survey released on March 2.
The inventories of five major steel products including rebar, wire rod, HRC, CRC and medium plate at the traders surged 11.6%, while at the surveyed steel mills down 7.5%, both week on week, mainly due to the gradual revival in demand from traders during February 26-March 2 after the official

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