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

  • China: Steel inventories at CISA mills decline in late-Jan’24

    China: Steel inventories at CISA mills decline in late-Jan’24

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    by

    Snehal Govardhan
    in

    The China Iron and Steel Industry Association (CISA) reported steel inventory of key steel enterprises in late-January 2024 at 12.199 million tonnes (mnt), decrease by 3.155 mnt or 20.55% against 15.354 mnt in mid-January 2024. Moreover, inventories fell by 160,300 tonnes (t) or 1.03% m-o-m compared with 12.36 mnt in late-December 2023. In addition, the…