[SMM Hot-rolled Steel Coil Regional Inventory: The Increase in Shanghai Hot-rolled Steel Coil Inventory Widened This Week]
This week, the inventory of hot-rolled steel coil in Shanghai stands at 469,100 tons, a weekly increase of 28,100 tons or 6.37% compared with last week. Year-on-year decline in solar terms is 14.01%, and the year-on-year decline in lunar terms is 5.94%.

![Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]](https://imgqn.smm.cn/usercenter/EutUV20251217171724.jpeg)
![[ Canada to Impose 50% Retaliatory Tariff on US Steel ]](https://imgqn.smm.cn/usercenter/QMaot20251217171719.jpg)
