Total HRC inventory hike expanded amid further shrinkage of terminal transactions

Published: Feb 5, 2024 10:12

Source: SMM

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HRC inventory totalled 3.2622 million mt last week, up 4.66% WoW.

HRC inventory totalled 3.2622 million mt last week, up 4.66% WoW. Social stocks shot up, while in-plant stocks inched up. A total HRC inventory increased further. Looking ahead, as HRC market is likely to be closed for the holidays this week, the piling-up of HRC stocks may continue to expand this week.

Inventory

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