Telah Terbit: Jul 8, 2024 07:30
[SMM Steel Morning Meeting Summary: Inventory Pressure Controllable, Limited Impact on Hot-rolled Steel Coil Spot Prices] Production of hot-rolled steel coils increased by 24,000 tons compared with the previous month, leading to an increase in supply pressure. Futures prices rose, and the spot trading atmosphere significantly improved, with speculative and futures-spot demand being released. However, the end users still focused on replenishing inventories at low prices based on their needs, so the inventory in all regions increased, and the factory inventory also accumulated. ...

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