SMM: Shanghai's Hot-Rolled Steel Coil Inventory Decline Accelerates to 387,000 Tonnes

【SMM Hot-rolled Steel Coil Regional Inventory: Shanghai Inventory Decline Accelerates This Week】

This week, Shanghai's hot-rolled steel coil inventory stood at 387,000 tonnes, a decrease of 30,100 tonnes from the previous week, marking a decline rate of 7.22%. Compared to the same period last year based on the solar calendar, the decline was 38.28%, and based on the lunar calendar, the decline was 46.73%.