Steel stocks at CISA member mills up 8% in Nov

Published: Dec 24, 2018 14:39
Steel stocks across CISA member mills came in at 13.45 million mt as of the end of Nov, up 3.45% year on year

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.

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