SMM Lecong HRC Inventory Declines Sharply This Week

Published: Apr 23, 2025 13:22

Save

【SMM Lecong HRC Inventory】Lecong inventory continued to significantly decrease this week.

The Lecong HRC inventory this week was 71.33 mt, down 63,100 mt WoW, a decline of 8.13%. On a YoY basis, it decreased by 266,700 mt, a YoY decline of 27.21%.

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

10 hours ago

MMi Daily Iron Ore Report (September 2)

Iron ore futures traded softer today. The DCE most-active contract I2701 settled at RMB 714.0/mt, down 1.11% from the previous trading day.

10 hours ago

Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]

10 hours ago

11 hours ago

[ Canada to Impose 50% Retaliatory Tariff on US Steel ]

The Canadian government announced a 50% retaliatory tariff on United States exports of steel and aluminum, scheduled to take effect on September 8, 2026. The aggressive trade measure directly responds to the recent collapse of bilateral metal trade negotiations and the implementation of US tariffs. The cross-border penalties threaten to heavily disrupt integrated North American steel supply chains ahead of the fast-approaching deadline.

11 hours ago