[SMM Ningbo Hot-Rolled Coil Inventory] Ningbo Inventory Decline Accelerated Notably This Week

Published: Jun 3, 2026 09:57

Save

Ningbo hot-rolled coil large-sample inventory was 385,000 mt this week, down 32,000 mt WoW, a decrease of 7.67%, and up 21.84% YoY on a lunar calendar basis.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 mins ago

Molybdenum Concentrates and Ferromolybdenum Prices Rise, Some Enterprises Suspend Quotations

[Molybdenum News Flash] SMM June 3: Yesterday, molybdenum concentrate mines in Henan and Jiangxi auctioned off shipments, with high transaction prices, driving the spot order market to follow the upward trend. Today, SMM 45% molybdenum concentrates closed at 5,130-5,160 yuan/mtu, up 130 yuan/mtu from yesterday. Some mines adopted a wait-and-see approach with limited selling. The ferromolybdenum market saw strong cost support, with ferro plants passively following the price increases, and some enterprises temporarily suspending quotations. Recently, the steel mill tender price center shifted up to around 313,000 yuan/mt, with steady demand. Today, SMM ferromolybdenum closed at 315,000-325,000 yuan/mt, raised 6,000 yuan/mt from yesterday.

2 mins ago

18 mins ago

[SMM Analysis] Crisis and Dividend Coexist: Analysis of Coking Coal Market Competition Landscape Under the Energy Crisis

Outlook: Crisis and Dividend Coexist: Analysis of Coking Coal Market Competition Landscape Under the Energy Crisis

18 mins ago

32 mins ago

[SMM Shanghai HRC Inventory] Shanghai inventory continued to decline this week

Shanghai HRC inventory was 423,000 mt this week, down 12,600 mt WoW, a decrease of 2.89%; up 51.72% YoY (solar calendar).

32 mins ago