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

The China Iron and Steel Association (CISA) reported total steel inventory of key enterprises in late-May 2024 at 14.566 million tonnes (mnt), down by 2.2595 mnt or 13.43% compared to 16.826 mnt in mid-May. However, inventory decreased by 1.3141 mnt or 8.27% m-o-m compared with 15.881 mnt in late-April. Moreover, the same fell by 1.053…