China’s spot market steel inventories tumble in mid-November

Spot market inventory levels for most major steel products in China fell at an even more rapid pace in mid-November than the first 10 days of the months, while that at member mills of the China Iron & Steel Association (Cisa) declined further, according to data released by the body on Wednesday November 25.

November 11-20 output
Crude steel: 2.11 million tonnes per day, down 1.53%

Finished steel: 2.06 million tpd,...

Published

Jessica Zong

November 25, 2020

02:39 GMT

Shanghai