[SMM HRC Daily Trading] Spot Transactions Remained Weak
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
10 mins ago
MMi Daily Iron Ore Report (May 22)
Read More
MMi Daily Iron Ore Report (May 22)
Iron ore futures weakened today, with the most-traded contract I2609 closing at 792 yuan/mt, down 0.13% from the previous trading session. Port spot prices were basically flat compared to the previous day.
10 mins ago
1 hour ago
"HRC Prices and Demand Weaken; Inventory Declines, Cost Pressures Persist"
Read More
"HRC Prices and Demand Weaken; Inventory Declines, Cost Pressures Persist"
Cold-rolled and hot-rolled prices edged down this week, with overall transactions weakening WoW. In terms of supply, rolling line maintenance decreased WoW this week, with reduced impact volume, and overall HRC production increased. Demand side, apparent demand rebounded slightly this week. Inventory side, SMM's HRC social inventory this week was 4.5281 million mt, down 185,300 mt WoW, down 3.93% WoW. By region, North China, east China, and Northeast China saw notable inventory drawdowns, the central and western regions saw narrow destocking, while the South China market continued inventory buildup. Cost side, coking coal and coke futures weakened this week, suppressing coking coal and coke prices. Iron ore was in the doldrums following .....
1 hour ago
2 hours ago
Data: SHFE, DCE market movement (May 22)
Read More
Data: SHFE, DCE market movement (May 22)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 22 May , 2026
2 hours ago
Related News
