Finished steel inventories in China increase slower in mid-February

Inventories of finished steel across the spot markets of 21 Chinese cities increased by 310,000 tonnes (2.3%) in mid-February compared with the first 10 days of the month, according to the latest China Iron & Steel Association (CISA) data published on Monday February 27.

The increase in mid-February was much smaller than the increase of 1.83 million tonnes (15.8%) in early February, with spot trading of finished steel across the country picking up amid...

Published

Zihuan Pan

February 27, 2023

12:03 GMT

Shanghai