Publicado: Dec 14, 2023 16:33

SMM Hot Rolled Coil Inventory: This week, inventory remains in good condition with a decreasing trend.

SMM Steel and iron December 14th News: The total inventory of hot-rolled coils this week is 3.2467 million tons, a decrease of 118,200 tons from last week, a decrease of 3.51% on a month-on-month basis and an increase of 27.86% year-on-year. This week, the inventory of hot-rolled coils continued to decrease, with a good trend in the decrease of inventory, a slight expansion of the decrease in social inventory, and a narrowing of the decrease in factory inventory. This week, domestic hot-rolled coil production decreased slightly, and the trend of decreasing inventory in the factory continued. In terms of demand, the spot prices of hot-rolled coils have risen first and then fallen recently, and downstream terminals mainly purchase as needed, with overall neutral performance. Under the influence of less supply, the inventory of hot-rolled coils in South China and East China has decreased significantly. In summary, the overall decrease in total inventory of hot-rolled coils this week is still significant...

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