By the end of October, stocks of carbon steel hot-rolled, cold-rolled and coated coils and sheets at Japan’s steel producers, coil centers and distributors declined to a new low since April 2010, down 2.9% or 108,000 tonnes on month to about 3.56 million tonnes, according to the latest data released by Nippon Steel on December 2, indicating that Japan’s supply of carbon steel flats have been tightening, according to market sources.
Source : https://www.mysteel.net/article