[SMM Hot-Rolled Coil Arrivals] Arrivals in Major Markets Rebounded WoW This Week

Published: Mar 10, 2026 18:37

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SMM Steel, March 10: According to SMM statistics, estimated total resource shipments in major markets reached 261,400 mt this week, up 7.70% WoW from the previous week's shipping level.

SMM Steel, March 10: According to SMM statistics, estimated total resource shipments in major markets reached 261,400 mt this week, up 7.70% WoW from the previous week's shipping level. By market:

Shanghai market: Shipments of hot-rolled coil in the Shanghai market were basically stable this week. Specifically, shipments from WG, a mainstream steel mill in south China, decreased slightly, shipments from steel mills in east China were flat, and shipment levels from the northern market increased WoW. In the short term, considering the gradual rebound in market demand, steel mill shipments were expected to fluctuate rangebound over the next one to two weeks from this week.

Lecong market: Shipments to Lecong increased slightly WoW this week. Specifically, arrivals from the north China and east China markets were basically flat this week, while shipments of local resources increased from last week. Looking ahead, mainstream resource shipments were understood to remain relatively stable, and arrivals in the Lecong market may fluctuate within a narrow range in the short term.

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.

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