Tag: China: Steel inventories at CISA-affiliated mills declines in late-Oct’24

The China Iron and Steel Association (CISA) has reported that total steel inventory at key enterprises reached 13.64 million tonnes (mnt) in late-October 2024. This represents a decline of 11.8% or 1.82 mnt from 15.46 mnt in mid-October. Moreover, inventory levels decreased by 640,000 tonnes (t) or 4.5% m-o-m against 14.28 mnt in late-September 2024.…