[SMM Sheets & Plates Daily Review] Market transactions gradually stalled, intraday HRC prices were basically stable.

Published: Feb 11, 2026 17:09

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The HRC price edged up intraday, with the most-traded contract closing at 3,228, up 0.06%. In the spot market, national mainstream city HRC offers were mostly stable with some increases, cold-rolled and coated sheets prices held steady, and export prices remained stable. Data-wise, hanghai HRC inventory was 347,100 mt this week, up 14,300 mt WoW (a 4.30% increase); the Gregorian calendar YoY decline was 10.95%, while the lunar calendar YoY increase was 17.94%. Mainstream city inventories began to accumulate gradually.
Short-term, market transactions gradually stalled, and HRC prices were expected to stabilize in the latter half of the week; post-holiday inventory buildup will be monitored.

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