This week, according to SMM statistics, the hot-rolled social inventor

Published: Oct 13, 2023 11:44

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This week, according to SMM statistics, the hot-rolled social inventory of 69 warehouses (large sample) nationwide was 4.3262 million tons, down 20,700 tons from last week, a decrease of 0.48%, and a slight decrease from the previous week. This week, domestic hot-rolled production decreased slightly, and on the demand side, after the holiday, demand started in various places, and some terminal procurement demand was released, resulting in a slight decrease in inventory this week. Regionally, except for the South China and East China markets, the central and northern regions have accumulated slightly. 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.

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