Steel inventory at key Chinese mills stood at 17.06 mnt in early-Sep’22, up by 7.03% m-o-m or 1.12 mnt, as per China Iron and Steel Association (CISA) data. Inventory rose by 5.76 mnt or 51.06% compared with the beginning of this year and up by 3.74 mnt, or 28.08% compared with early-Sep’21.
Leave a Reply