Inventory of five major steel products in China's 21 cities fell 3.9% or 480,000 tonnes from ten days ago to 11.70 million tonnes on mid-April (April 11-20), according to data from China Iron and Steel Association (CISA).
The volume was 12.3% or 1.64 million tonnes lower than the year-ago level, data showed.
Southwestern China saw stocks fall 200,000 tonnes or 8.1% from ten days ago. Northern China registered a 120,000 tonnes or 9.8% decline, and stocks in northwestern China dropped 90,000 tonnes or 9.2% from ten days ago.
Southern China's stocks were down 80,000 tonnes or 3.3%, and central China's inventories fell 10,000 tonnes or 0.9%.
Steel stocks in northeastern China rose 1.2% or 10,000 tonnes, and eastern China's inventory gained 0.4% or 10,000 tonnes.
Data from the CISA showed rebar stocks stood at 6.06 million tonnes on April 20, falling 4.4% from ten days ago.
Stocks of hot-rolled coil came in at 1.83 million tonnes, stable from ten days ago, and that of cold-rolled coil declined 3.8% to 1.26 million tonnes.
Medium-thick plate stocks stood at 0.96 million tonnes, down 5% from ten days ago, while wire stocks fell 5.9% to 1.59 million tonnes.
(Writing by Emma Yang Editing by Harry Huo)
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