SMM Hot Coil Social Inventory Inventory: Mainstream cities have limited arrivals, national social inventory has decreased for 10 consecutive weeks.

This week, SMM statistics show that the national social inventory of hot coil in 69 warehouses (large sample) is 3.462 million tons, a decrease of 167,000 tons from last week, a decrease of 4.60%, maintaining a continuous decrease for 10 weeks.

This week, domestic hot coil production has slightly decreased, but the arrival levels in some mainstream markets have been affected. In terms of demand, the market's purchasing enthusiasm is still relatively high, while the seasonal impact in the northern region has gradually increased. As a result, the inventory continued to decrease this week. Looking at the different regions, except for the North China, Northeast, and Central China regions, which had a smaller decrease in inventory, the South China and East China markets have shown a significant decrease in inventory. For more details...