Author: Ankit Tamrakar

The China Iron and Steel Association (CISA) reported total steel inventory of key enterprises in mid-April 2024 stood at 18.116 million tonnes (mnt), a decline of 137,700 tonnes (t) mnt or 0.75% compared to 18.253 mnt in early-April. Moreover, inventory dropped by 1.418 mnt or 7.26% m-o-m compared with 19.533 mnt in mid-March and was…