Tag: China: Steel inventories at CISA mills increase in early-Jan’25
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China: Steel inventories at CISA mills drop 11% m-o-m in early-Jan’25
Steel stocks rise 1.8% from late-Dec’24 Daily crude steel output up 2% m-o-m The China Iron and Steel Association (CISA) reported that the total steel inventory at key Chinese enterprises touched 12.59 million tonnes (mnt) in early-January 2025. Inventory levels dropped by 1.59 mnt or 11.2% m-o-m against 14.18 mnt in early-December 2024. Moreover, compared…