[SMM Hot-rolled Coil Inventory Report: A Small Increase in Production and Continuing Accumulation of National Inventory]

This week, SMM's statistics showed that the social inventory of hot-rolled coils in 86 warehouses (large sample) across the country was 4.1845 million tons, an increase of 75,000 tons or 1.76% from the previous week, and an increase of 16.25% year-on-year.

Regionally, during this period, the East China, South China, Central China, North China, and Northeast China markets all showed an increase in inventory. Among them, the South China region was affected by weather factors in the early stage, resulting in difficulties in port clearance. This week, there was concentrated unloading, and the inventory increase was more significant. Specifically...