[SMM Hot Roll Social Inventory Report: Supply and demand game, hot roll social inventory in China fluctuates narrowly]
This week, SMM counted the hot roll social inventory of 86 warehouses (large sample) across the country to be 3.9242 million tons, a decrease of 8,000 tons or 0.20% compared with the previous week, and a year-on-year increase of 20.52% based on the Gregorian calendar.
When looked at by region, except for the East China and Northeast markets, which showed an increase in inventory, the South China, Central China, and North China markets all presented a decrease in inventory. To be more specific…
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