Tag: China’s warehouse-level steel inventory in early-Sept’21 drops 8% y-o-y

China’s warehouse and outside of mill steel inventory, as surveyed by the end of the first 10-days of Sept’21, in five major steel categories across 20 key cities was at 11.38 million tonnes (mn t), down 360,000 tonnes (t) or 3.1% from the previous 10-day tally, showing continuous inventory drawdown. The five categories surveyed include…