China’s spot market steel inventories plunge 11% in early November

Spot market inventory levels for major steel products in China dropped sharply in early November, though those of member mills of the China Iron & Steel Association (Cisa) increased during the period, according to data released last Friday November 13.

November 1-10 output
Crude steel: 2.15 million tonnes per day, down 0.48%

Finished steel: 2.01 million tpd,...

Published

Jessica Zong

November 17, 2020

08:40 GMT

Shanghai