[SMM Lecong HRC Inventory] Lecong Inventory Accumulated This Week

Published: May 6, 2026 14:28

Save

Lecong HRC inventory this week was 808,700 mt, up 37,800 mt WoW, an increase of 4.90%; up 24.30% YoY (solar calendar), up 4.16% YoY (lunar calendar).

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 to learn 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

3 mins ago

MMi Daily Iron Ore Report (May 6)

May 6, 2026 — Iron ore prices strengthened significantly in today's trading, with the benchmark I2609 futures contract closing at 816 RMB/ton, up 2.84% from the previous trading session. Spot port prices rose by 10–18 RMB/ton compared to the prior day. Traders showed increased quoting activity, while steel mills mainly purchased for essential needs with limited inquiries; overall spot market transactions remained subdued.

3 mins ago

6 mins ago

[SMM Hot-Rolled Coil Daily Trading] Spot Trading Volume Increased

[SMM Hot-Rolled Coil Daily Trading] On May 6, the combined daily trading volume of hot-rolled coil among SMM's sample enterprises across four cities (Shanghai, Lecong, Tianjin, and Ningbo) totaled 17,260 mt, up 930 mt DoD (+5.7%), up 88.43% YoY (solar calendar basis), and up 35.91% YoY (lunar calendar basis).

6 mins ago

13 mins ago

5.6 SMM Global Steel Daily Report

SMM News Flash: [Sheets & Plates] HRC export prices today rose 8-10 USD/tonne DoD, while other sheets & plates prices increased 6-10 USD/tonne, driven by a sharp rally in futures. As it was the first working day after the holiday, most sellers reported quite strong market inquiries. However, due to the rapid price increase, acceptance outside China was lukewarm, and actual transaction prices may still have been at pre-holiday levels. [India] Major Indian steelmakers increased domestic HRC and CRC prices by around 11 USD/tonne for early May sales ahead of planned maintenance shutdowns. Domestic HRC prices rose to around 620-640 USD/tonne EXW, while CRC reached 697-722 USD/tonne.

13 mins ago