This week, HRC social inventory was 1.8558 million mt (down 24,100 mt WoW, -1.28% WoW, -10.65% YoY, -16.16% YoY based on the lunar calendar).
This week, HRC in-plant inventory was 1.1446 million mt (up 14,800 mt WoW, +1.31% WoW, +10.58% YoY, +9.29% YoY based on the lunar calendar).
This week, total HRC inventory was 3.0004 million mt (down 9,300 mt WoW, -0.31% WoW, -3.58% YoY, -7.99% YoY based on the lunar calendar).

![[SMM Steel] Global crude steel production decreases in Feb y-o-y](https://imgqn.smm.cn/usercenter/VgxkU20251217171719.jpg)


