September 4, 2025 02:25 PM GMT Greater China Materials Some steel inventory in Tangshan may not be liquid for the time being: Steel inventory in Tangshan seems to have remained at high levels while other regions started to show a decline. This is due to a lot of this inventory being locked in the futures market, as trading companies carry out a trade by going long near-term contracts and shorting forward contracts. This inventory may come back to the market when the price is in their favor. Iron ore view qu ...