【SMM Zhangjiagang Hot Rolled Coil Inventory: Rapid Decline in Coil Pri

Published: Jul 30, 2024 17:13

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【SMM Zhangjiagang Hot Rolled Coil Inventory: Rapid Decline in Coil Prices, Accelerated Accumulation of Inventory in Zhangjiagang This Week】

This week, the inventory of hot rolled coils in Zhangjiagang reached 443,000 tonnes, an increase of 34,000 tonnes or 8.31% compared to last week; the year-on-year increase in the Gregorian calendar was 10.75%, while the year-on-year increase in the Lunar calendar was 55.99%.

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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