According to the CISA report, stocks have risen by 1.4% to 7.29 million tons compared to mid-December. However, this slight recovery is 3.4% below the level of the previous month.
At the end of December, stocks in North China increased more than in other regions, rising by 100,000 tons or 11.8% compared to the previous month. In East China, stocks rose by 40,000 tons or 1.9%.
According to CISA data, steel inventories in Northeast and Northwest China increased by 20,000 tons, or 5.4% and 3.8%, respectively, compared to the previous ten days. Stocks in Central China fell by 3.9%, while stocks in Southwest China fell by 2.7%. Stocks in southern China fell by 1.3%.
CISA data also shows that rebar stocks increased by 4.1% to 3.05 million tons in the session ending December 31 compared to the previous ten days.
Inventories of hot-rolled coils at the end of December amounted to 1.44 million tons, a decrease of 1.4% compared to ten days ago. Cold-rolled coils
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