Tag: China: Steel inventories at CISA-affiliated mills decline significantly in late-Nov’24

The China Iron and Steel Association (CISA) has reported that total steel inventory at key enterprises reached 13.15 million tonnes (mnt) in late-November 2024. This represents a decline of of 2.4 million tonnes (mnt) or 15.4% from 15.55 mnt in mid-November 2024. Moreover, inventory levels went down by 490,000 tonnes(t) or 3.6% m-o-m against 13.64…