Inventory of five major steel products in China's 21 cities climbed 1.3% or 120,000 tonnes from ten day ago to 9.37 million tonnes in early-July (July 1-10), according to data from China Iron and Steel Association (CISA).
The volume was 22.1% or 2.66 million tonnes lower than the year-ago level, data showed.
Eastern China saw stocks rose 90,000 tonnes or 3.6% from ten days ago, marking the largest increment and growth rate among other regions.
Southwestern China registered a 50,000 tonnes or 3.6% increase, and stocks in northern and northeastern China rose 20,000 tonnes and 10,000 tonnes or 2.4% and 2.3% respectively from ten days ago.
Steel stocks in southern China remained flat from the previous ten days. Northwestern China's steel inventory declined 40,000 tonnes or 6.2% and that in central China dropped 10,000 tonnes or 0.9%.
Data from the CISA showed rebar stocks stood at 4.22 million tonnes during session ended on July 10, up 1.7% from ten days ago.
Stocks of hot-rolled coil came in at 2.06 million tonnes, up 70,000 tonnes or 3.5% from ten days ago, and that of cold-rolled coil rose 1.7% to 1.2 million tonnes from the previous ten days.
Medium-thick plate stocks stood at 0.96 million tonnes, up 1.1% from ten days ago, and wire stocks declined 4.1% to 0.93 million tonnes.
(Writing by Rebecca Liu Editing by Emma Yang)
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