Tag: CISA
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China: Steel inventories increase 11% in mid-May’26 on weak demand
Weak demand and subdued trading weigh on market Crude steel production declines on cautious mill operations The China Iron and Steel Association (CISA) reported that the total steel inventories at key CISA mills stood at around 18.77 million tonnes (mnt) in mid-May (11-20 May), an increase of 1.89 mnt or 11.2% compared with 16.88 mnt…