Finished steel inventories at Cisa member mills up by more than 6% in mid-May
Finished steel inventories at member mills of the China Iron & Steel Association increased by 1.23 million tonnes (6.55%) in mid-May compared with the preceding 10 days, data published by the association on Tuesday May 24 showed.
May 11-20 output
Crude steel: 2.30 million tonnes per day, down by 0.27%
Finished steel: 2.22 million tpd, up by 2.66%