Tag: China: Steel inventories at CISA mills decline by 12% m-o-m in mid-Jan’25

Inventories decline by 16% y-o-y in mid-Jan’25 Average daily crude steel output rises 5% m-o-m The China Iron and Steel Association (CISA) reported that the total steel inventory at key Chinese enterprises touched 12.93 million tonnes (mnt) in mid-January 2025. Inventory levels dropped by 1.71 mnt or 11.7% m-o-m against 14.64 mnt in mid-December 2024.…