Tag: China weekly: Steel prices show mixed trends during CNY holidays

Chinese steel prices exhibited mixed trends this week. The resumption of market activities post holidays has been slow, which is impacting both demand and logistics in the country. The average daily crude steel output of CISA-affiliated mills stood at 1.93 million tonnes (mnt) in mid-January 2023, up 0.57% from early-January 2023. Steel inventory at CISA…