Inventory of five major steel products in China's 21 cities climbed 3.8% from ten days ago to 12.85 million tonnes on June 20, according to data from China Iron and Steel Association (CISA).
The volume was 63.1% or 4.97 million tonnes higher than the start of the year and 12.8% or 1.46 million tonnes higher than the year-ago level, data showed.
Southern China saw stocks increase 130,000 tonnes or 4.9% from ten days ago, the largest increase among the seven regions; northern China registered a 110,000 tonnes or 7% increase, and stocks in eastern China gained 110,000 tonnes or 3.3%.
Stocks in central China climbed 70,000 tonnes or 5% from ten days ago. Northwestern China's stocks increased 40,000 tonnes or 4.5%.
Inventory in southwestern China increased 10,000 tonnes or 0.6% and that in northeastern China stayed flat.
Data from the CISA showed rebar stocks stood at 6.59 million tonnes on June 20, rising 3.6% from ten days ago.
Stocks of hot-rolled coil came in at 2.01 million tonnes, increasing 6.9% from ten days ago, while that of cold-rolled coil was 1.27 million tonnes, up 0.8% from ten days ago.
Medium-thick plate stocks stood at 1.1 million tonnes, up 5.8% from ten days ago, and wire stocks came in at 1.88 million tonnes, rising 2.2%.
(Writing by Rebecca Liu Editing by Tammy Yang)
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