Tag: China: Steel inventories at CISA mills declines in late-Dec’24

Steel inventories remain range-bound y-o-y Daily crude steel output falls 10.5% m-o-m The China Iron and Steel Association (CISA) reported that the total steel inventory at key enterprises reached 12.37 million tonnes (mnt) in late-December 2024. This represents a decline of 780,000 t or 5.9% m-o-m compared to 13.15 mnt in late-November 2024. Moreover, inventory…