China: Steel inventory at key CISA mills declines in end-Dec’21

Steel inventory at key steel mills affiliated to the China Iron and Steel Association (CISA) stood at 11.297 mn t, a significant decline of 2.273 mn t from the previous 10-day period, and a decrease of 1.187 mn t from the 10-day period of last month. Steel inventory levels have fallen by 324,000 t compared to the beginning of the year.