Publicado: Nov 16, 2023 15:29
SMM steel November 16th news: this week's hot rolled coil total inventory of 3.5592 million tons, compared with last week +14800 tons, +0.42% on a month-on-month basis, +44.22% year-on-year. This week, the total inventory and plant inventory of hot coils increased slightly, and the social inventory decreased slightly on a month-on-month basis. This week, the impact of steel plant maintenance weakened, and the production enthusiasm of steel plants improved, driving the pressure of plant inventory to increase slightly; recently, the high price of coils fluctuated, and low price transactions were active in many mainstream markets, but the seasonal impact of the northern region increased, under the comprehensive influence, this week's hot coil total inventory increased slightly.

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SMM steel November 16th news: this week's hot rolled coil total invent - Shanghai Metals Market (SMM)