Tag: China: Steel inventories at CISA mills continue upward trend in mid-Jan’24

The China Iron and Steel Industry Association (CISA) reported steel inventory of key steel enterprises in mid-January 2024 at 15.354 million tonnes (mnt), increase by 0.96 mnt or 6.67% against 14.394 mnt in early-January 2024. However, inventories rose by 338,000 tonnes (t) or 2.25% m-o-m compared with 15.017 mnt in mid-December 2023. In addition, the…