Tag: China: Steel inventories at CISA-affiliated mills rise y-o-y

The China Iron and Steel Association (CISA) reported total steel inventory of key enterprises in mid-June 2024 at 16.425 million tonnes (mnt), up by 339,500 tonnes (t) or 2.11% compared to 16.086 mnt in early-June. However, inventory decreased by 400,600 t or 2.38% m-o-m compared with 16.826 mnt in mid-May 2024. Moreover, the same rose…