Tag: China: Steel inventories at CISA-affiliated mills decrease in late-Aug’24

The China Iron and Steel Association (CISA) reported that the total steel inventory at key enterprises reached 14.541 million tonnes (mnt) in late August 2024. This represents a decline of 1.912 mnt or 11.62% from 16.45 mnt in mid-August. Additionally, inventory levels fell by 1.508 mnt or 9.4% m-o-m from 16.050 mnt in late July…