Shanghai HRC Inventory Declines WoW by 2.80% in Third Post-Holiday Week

[SMM Shanghai HRC Inventory: Shanghai HRC Inventory Declined WoW in the Third Week After the Holiday]

This week, Shanghai HRC inventory stood at 378,900 mt, down 10,900 mt WoW (-2.80%). The YoY decline based on the Gregorian calendar was 21.21%, while the YoY decline based on the Lunar calendar was 13.20%.