SMM Hot-rolled Coil Regional Inventory: Shanghai Inventory Declined Slightly This Week, Moderately Low Compared with the Same Period in the Past Five Years

This week, the hot-rolled coil inventory in Shanghai stood at 430,600 tons, down 22,200 tons from last week, a decrease of 4.90%. Compared with the same period of the solar year, it decreased by 13.53%, and compared with the same period of the lunar year, it increased by 4.03%.