Telah Terbit: Aug 10, 2023 17:39
SMM steel reported on August 10th that the total inventory of hot-rolled coils this week was 3,507,700 tons, an increase of 65,900 tons from last week, a year-on-year decrease of 5.98%. The accumulation rhythm of the total inventory of hot-rolled coils has slowed down this week, with a sharp slowdown in the accumulation of social warehouses and a reversal of the decrease in factory warehouses. On the supply side, the output of hot-rolled coils continued to increase this week. On the demand side, the price of hot-rolled coils has been weak in recent days, coupled with the weakening of the impact of typhoon weather, resulting in the release of terminal demand.

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