China: Steel inventory of CISA mills increases in early Mar’22

Data from the China Iron and Steel Association (CISA) shows that in the first 10 days of March’22, the steel inventory of CISA mills stood at 16.68 mnt, an increase of 581,300 t, or 3.61%, m-o-m and a decrease of 172,000 t compared with the same period of last month. Compared with the beginning of the year, inventory increased 5.38 mnt.