[SMM Weekly Hot-rolled Steel Coil Balance & Social Inventory Summary] Expectations of Demand Improvement Frustrated, Social Inventory Accumulates Again This Week
This week, SMM's statistics show that the nationwide social inventory of hot-rolled steel coils in 86 warehouses (large sample) totaled 4.8965 million tonnes, an increase of 71,800 tonnes or 1.49% from the previous week, and an increase of 18.65% year-on-year based on the Gregorian calendar. Regionally, except for a decrease in inventory in the Northeast and North China markets, the East China, Central China, and South China markets continued to accumulate inventory, with the accumulation rate expanding. In detail...
![[Tema candente de SMM] El precio base del acero corrugado «existe solo de nombre»: el sistema de fijación de precios ha cambiado por completo](https://imgqn.smm.cn/usercenter/zbJUC20251217171718.jpg)

![Los metales ferrosos mantienen una tendencia fluctuante a corto plazo [Informe semanal de SMM sobre la cadena industrial del acero]](https://imgqn.smm.cn/usercenter/PQDml20251217171747.jpg)
