Tag: China: Steel inventories at CISA-affiliated mills rise in mid-May’24

The China Iron and Steel Association (CISA) reported total steel inventory of key enterprises in mid-May 2024 stood at 16.826 million tonnes (mnt), up by 547,000 tonnes (t) or 3.36% compared to 16.279 mnt in early-May. However, inventory decreased by 1.289 mnt or 7.12% m-o-m compared with 18.116 mnt in mid-April, while, the same rose…