SMM Hot Coil Inventory Inventory: Demand Release Still Good, Inventory Turnover Rate Good

This week, SMM statistics show that the national inventory of hot coil in 86 warehouses (large sample) is 4.07 million tons, a decrease of 155.2 thousand tons compared to the previous week, a decrease of 3.67% compared to the previous week, and an increase of 8.25% compared to the same period last year.

In terms of regions, except for the Northeast market which has accumulated some inventory, the East, South, North, and Northeast markets have all seen varying degrees of inventory reduction. For more details...