[SMM Hot Roll Social Inventory Check: Terminal Release is Acceptable, This Week's Social Inventory Digestion Trend is Good]

This week, the national 86-warehouse (large sample) hot roll social inventory counted by SMM is 3.9454 million tons, a decrease of 105,100 tons from the previous week, or a decrease of 2.59% from the previous week. Compared with the same period of the new calendar year, it increased by 11.64%.

From a regional perspective, all major regions in the country showed a decrease in inventory. Among them, the decline in the North China, South China, and Central China markets was slightly greater than that in the Northeast and East China markets. Details...