Hot-Rolled Coil Inventories Decline Slightly Week-on-Week, Mixed Trends in Social and Mill Stocks

This week, the social inventory of hot-rolled coils reached 2.6462 million tons, a decrease of 111,700 tons from last week, or 4.05% on a week-on-week basis, and a decrease of 0.45% year-on-year.

This week, the mill inventory of hot-rolled coils was 1.124 million tons, an increase of 36,200 tons from last week, or 3.33% on a week-on-week basis, and an increase of 0.44% year-on-year.

The total inventory of hot-rolled coils this week was 3.7702 million tons, a decrease of 75,500 tons from last week, or 1.96% on a week-on-week basis, and a decrease of 0.19% year-on-year.