Steel Inventory Fluctuations at Key Chinese Steel Enterprises in Mid-May 2025

Published: May 26, 2025 17:29

Save

According to data from the China Iron and Steel Association (CISA), in mid-May 2025, the inventory of steel products at key steel enterprises under statistical monitoring was 16.35 million mt. This represented an increase of 290,000 mt WoW, or 1.8%; an increase of 3.98 million mt compared to the beginning of the year, or 32.2%; a decrease of 350,000 mt compared to the same period of the previous month, or 2.1%; a decrease of 480,000 mt compared to the same period of the previous year, or 2.9%; and an increase of 90,000 mt compared to the same period two years ago, or 0.6%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 hours ago

[SMM Steel] SMS Group wins SAIL Durgapur billet caster modernization project

[SMM Steel] Germany’s SMS Group secured a contract from India’s SAIL to modernize billet casters at the Durgapur Steel Plant. The upgrade of two six-strand casters is expected to boost production capacity by over 60% and introduce a 150 mm × 150 mm billet section to support downstream rebar and wire rod production. The project will be implemented in two phases, with commissioning planned for Q4 2027 and Q3 2028.

10 hours ago

[SMM Steel] US drawn wire exports rise 12.5% MoM in January 2026

[SMM Steel] US drawn wire exports totaled 6,737 mt in January 2026, up 12.5% MoM but down 15% YoY, according to the US Department of Commerce. Canada remained the top destination with 2,831 mt, followed by Mexico at 2,702 mt, while export value reached $18.1 million.

10 hours ago

11 hours ago

[SMM Steel] Eurofer urges EU to act fast as global steel overcapacity hits record 2.4 billion mt

[SMM Steel] On March 25, 2026, the European Steel Association (Eurofer) issued a stark warning following the release of the latest OECD data, labeling global steel overcapacity an "existential threat" to European steelmaking, investment, and jobs. The data reveals that global steelmaking capacity has climbed to a record 2.4 billion mt, with excess capacity reaching 640 million mt in 2025—exceeding total OECD production by over 200 million mt. Eurofer Director-General Axel Eggert is calling for the immediate adoption of a robust tariff-rate quota (TRQ) system to shield the EU market from trade diversion and stabilize the domestic industry before current measures expire

11 hours ago