China's social inventories of five major steel products in 21 cities fell 2.8% MoM, or 270,000 tonnes, to 9.32 million tonnes by September 20, 2026, according to data from the China Iron and Steel Association. Stocks were up 2.11 million tonnes, or 29.3%, from the start of the year, but down 90,000 tonnes, or 1.0%, from the same period a year earlier.