Tag: China: Steel inventories at CISA-affiliated mills increase in early-June’24
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China: Steel inventories at CISA-affiliated mills up y-o-y, down m-o-m in early-Jun’24
The China Iron and Steel Association (CISA) reported total steel inventory of key enterprises in early-June 2024 at 16.086 million tonnes (mnt), up by 1.519 mnt or 10.43% compared to 14.566 mnt in late-May. However, inventory decreased by 193,200 tonnes (t) or 1.19% m-o-m compared with 16.279 mnt in early-May 2024. Moreover, the same rose…