According to SteelHome survey, as of July 20, 2023, hot-rolled coil production of China 59 steel mills totaled 3.9619 million tons, up 33,200 tons from the previous survey; HRC inventory in 40 markets attained 3.6338 million tons, down 40,300 tons from the previous survey; HRC inventory in 40 steel mills totaled 945,000 tons, increasing by 37,700 tons from the previous survey.
This week, the apparent consumption of HRC in China attained 3.9645 million tons, increasing by 22,000 tons from the previous survey.