China: Steel inventory increases at CISA mills in early June

In the first 10 days of Jun’22, the steel inventory at key iron and steel enterprises was assessed at 18.54 mnt, an increase of 605,100 t m-o-m. But inventory decreased by 201,000 t from the same period of last month, as per CISA data. Compared with the beginning of the year, inventory increased by 7.25 mnt or 64.18%.