Eastern China's domestic hot-rolled coil prices recovered some losses on Thursday March 22 following the release of data showing a reduction in inventory levels.
DomesticEastern China (Shanghai): 3,880-3,920 yuan ($613-619) per tonne, up by 20-30 yuan per tonneNorthern China (Tianjin): 3,870-3,900 yuan per tonne, unchangedData released by an industry information provider on Thursday showed that mill inventory levels have fallen 38,900 tonnes compared with a week earlier while those for the spot market are...