[SMM Shanghai HRC Inventory] Shanghai inventory saw a buildup this week on a MoM basis.

Published: Feb 11, 2026 10:53

Save

Shanghai HRC inventory totaled 347,100 mt this week, up 14,300 mt MoM, an increase of 4.30%; down 10.95% YoY on a Gregorian calendar basis, but up 17.94% YoY on a lunar calendar basis.

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

Common.Time.minsAgo

[SMM Hot-Rolled Coil Daily Trading] Holiday Atmosphere Intensifies, Spot Trading Nearly Halts

[SMM Hot-Rolled Coil Daily Trading] On February 11, the total daily trading volume of hot-rolled coils from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM amounted to 3,450 mt, down 2,050 mt (down 37.3%) day-on-day, down 79.27% YoY, and down 28.72% compared with the same lunar calendar period last year.

Common.Time.minsAgo

[SS Daily Review] Indonesian Nickel Ore News Boosts SS Back to 14,000 yuan/mt, Stainless Steel Spot Market Enters Holiday with Stable Prices

[SS Futures Daily Review] Indonesian Nickel Ore News Boosts SS Back Above 14,000 Yuan/mt, Stainless Steel Spot Market Remains Stable During Holiday SMM, February 11 — SS futures showed a strong upward trend. Last night, the 2026 Indonesian nickel ore approval quota was officially announced, driving SHFE nickel and stainless steel futures higher; during the day, SS futures once again climbed above 14,000 yuan/mt, finally closing at 14,145 yuan/mt. On the spot market side, despite the strong performance of SS futures, most spot trading was suspended as traders and downstream enterprises were largely on holiday, resulting in minimal actual transactions and stable prices. The most-traded SS futures contract strengthened and probed higher. At 10:30 am, SS2604 was quoted at 14,010 yuan/mt, up 160 yuan/mt from the previous trading day. In Wuxi, spot premiums/discounts for 304/2B were in the range of 160-360 yuan/mt. In the spot market, the average price for 201/2B cold-rolled coil in Wuxi was reported at 8,500 yuan/mt; the average price for 304/2B cold-rolled mill-edge coil was 14,100 yuan/mt in Wuxi and 14,050 yuan/mt in Foshan; the price for 316L/2B cold-rolled coil in Wuxi was 26,600 yuan/mt, and 26,600 yuan/mt in Foshan; the price for 316L/NO.1 hot-rolled coil in Wuxi was reported at 25,750 yuan/mt; the price for 430/2B cold-rolled coil was 7,800 yuan/mt in both Wuxi and Foshan. This week, repeated fluctuations in macro sentiment, combined with a significant pullback in precious metals prices, dragged down nonferrous metals futures overall, with stainless steel futures also...

Common.Time.minsAgo

Data: SHFE, DCE market movement (Feb 11)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Feb , 2026

Common.Time.minsAgo