CISA: Social inventory of five major types of steel products records 12.16 million tons in mid-Oct
2020-10-26 17:47:33 [Print]
According to the statistics data released by China Iron & Steel Association (CISA), the social inventory of five major types of steel products reached 12
. 16 million tons in 20 cities in mid-October, down by 0 . 48 million tons or 3 . 8% from early October . After reaching a peak in early March, social inventories fell rapidly, but since June, the inventory has fluctuated narrowly . Currently social inventory is still higher than the level of the same period last year, and considering the current high output, the social inventory is relatively reasonable.