Tag: China steel inventory
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China: Steel inventory, crude steel production of CISA mills up in mid Mar’23
Steel inventory and crude steel production at China Iron and Steel Association (CISA)-affiliated mills rose in mid-March 2023. The manufacturing sector in China is improving which resulted in increasing demand for hot rolled coils (HRCs). Steel inventory: Steel inventory at CISA mills stood at 18.95 million tonnes (mnt) in mid-March. Volumes rose by 1.25 mnt…