Published: Aug 31, 2023 14:30

This week's SMM statistics of 69 warehouses (large sample) in the country showed that the social inventory of hot rolls was 4,014,700 tons, an increase of 94,000 tons, or 2.4%, compared with the previous week, a significant increase.

This week, hot roll production has increased slightly, and transactions in many places have been affected by weather, poor demand, and low processing levels. Compared with the previous week, the social warehouses continued to accumulate. Regionally, except for the Central China and South China regions, East China, North China and Northeast China have accumulated to varying degrees. In detail:

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
This week's SMM statistics of 69 warehouses (large sample) in the coun - Shanghai Metals Market (SMM)