SMM Ningbo HRC Inventory Declines This Week

Published: Jan 16, 2025 11:35

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[SMM Ningbo HRC Inventory] This Week's Ningbo HRC Small-Sample Inventory Was 118,500 mt, Large-Sample Inventory Was 201,000 mt

This week's Ningbo HRC small-sample inventory was 118,500 mt, down 15,000 mt WoW (-11.24%), with a YoY decline of 7.64% (Gregorian calendar) and 32.48% (Lunar calendar). The large-sample inventory was 201,000 mt, down 25,500 mt WoW (-11.26%).

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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