China’s steel inventories up 8.3% in mid-January

Member mills of the China Iron & Steel Association (Cisa) raised their crude steel, hot metal and finished steel production in mid-January from the preceding 10 days, and inventory at mills and in the spot market also rose, according to data published by the association on Sunday January 24.

January 11-20 output
Crude steel: 2.22 million tonnes per day, up 1.02%
Finished steel: 2.06 million tpd, up 0.41%
Hot metal: 1.96 million tpd, up 0.89%
Mills’ finished steel inventories

14.04 million...

Published

Jessica Zong

January 25, 2021

06:37 GMT

Shanghai