SMM Hot Rolled Coil Inventory Review: Resilient Manufacturing Demand, Societal Inventory Continues to Decline

This week, SMM's statistics show that the nationwide inventory of hot rolled coil in 86 warehouses (large samples) is 4.6152 million tons, a decrease of 166,500 tons compared to the previous period, a decrease of 3.48% compared to the previous period, and a decrease of 2.47% compared to the same period last year. In terms of regions, North China and East China continue to see good inventory reduction, while the inventory in the Central and Northeast markets fluctuates slightly, and the South China market has yet to see a turning point in inventory reduction. For more details...