[SMM Hotspot: Over 900,000 tons for four consecutive months, can the Lecong inventory continue to decline?]

According to SMM data, the Lecong hot-rolled coil inventory was 995,000 tons this week, up 16,700 tons from last week, an increase of 1.71%; the year-on-year increase in the Gregorian calendar was 27.96%, and the year-on-year increase in the lunar calendar was 31.28%, just less than 10,000 tons from the year's high of 1,004,700 tons. Since the beginning of the year, Lecong has entered an accelerated inventory accumulation cycle, breaking the 900,000-ton barrier in March and lasting for four and a half months. Let's take a look at what happened to Lecong's inventory...