Tag: China: Steel inventories at CISA-affiliated mills increase significantly in mid-Nov’24

The China Iron and Steel Association (CISA) has reported that total steel inventory at key enterprises reached 15.55 million tonnes (mnt) in mid-November 2024. This represents an increase of 1.89 million tonnes (mnt) or 13.8% from 13.66 mnt in early-November 2024. Moreover, inventory levels went up by 9,000 tonnes(t) or 0.6% m-o-m against 15.46 mnt…