Steel stocks at CISA member mills up 8% in Nov-Shanghai Metals Market

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Steel stocks at CISA member mills up 8% in Nov

Data Analysis 02:39:19PM Dec 24, 2018 Source:SMM

SHANGHAI, Dec 24 (SMM) – Steel stocks across China Iron and Steel Association (CISA) member mills came in at 13.45 million mt as of the end of November, up 8.27% month on month and 3.45% year on year.

CISA data also showed that those mills sold 47.51 million mt of steel products last month, up 823,800 mt, or 1.76%, compared to a year earlier.

In January-November, steel sales across CISA member mills reached 545.04 million mt, up 11.89 million mt, or 2.23% on a yearly basis.

Key Words:  Inventory data   Steel 

Price

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62% Fe Fines (Qingdao Port): IOPI62
Apr.18
669.0
-9.0
(-1.33%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
Apr.18
92.2
-1.0
(-1.09%)
58% Fe Fines (Qingdao Port): IOPI58
Apr.18
601.0
-7.0
(-1.15%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
Apr.18
82.4
-0.8
(-0.91%)
65% Fe Fines (Qingdao Port): IOPI65
Apr.18
774.0
9.0
(1.18%)

Steel stocks at CISA member mills up 8% in Nov

Data Analysis 02:39:19PM Dec 24, 2018 Source:SMM

SHANGHAI, Dec 24 (SMM) – Steel stocks across China Iron and Steel Association (CISA) member mills came in at 13.45 million mt as of the end of November, up 8.27% month on month and 3.45% year on year.

CISA data also showed that those mills sold 47.51 million mt of steel products last month, up 823,800 mt, or 1.76%, compared to a year earlier.

In January-November, steel sales across CISA member mills reached 545.04 million mt, up 11.89 million mt, or 2.23% on a yearly basis.

Key Words:  Inventory data   Steel