Category: Crude Steel
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China: Steel inventories increase 9% in early-May’26 amid weak demand
Average daily crude steel production rises by 4% in early-May Improving demand may limit inventory growth in near term The China Iron and Steel Association (CISA) reported that total steel inventories at key CISA industries stood at around 16.88 million tonnes (mnt) in early-May (1-10 May), an increase of 1.45 mnt or 9.4% compared to…