Tag: China: Steel inventories at CISA mills increase in early-March’24
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China: Steel inventories at CISA mills increase in early-March’24
The China Iron and Steel Association (CISA) reported steel inventory of key enterprises in early-March 2024 stood at 19.523 million tonnes (mnt), an increase of 1.504 mnt or 8.35% compared to 18.020 mnt in late-February. Moreover, inventories rose by 3.392 mnt or 21.03% m-o-m compared with 15.100 mnt in early-February. In addition, inventories surged by…