[SMM Hangzhou Construction Steel Inventory] Some Resources Await Stocking; On-Hand Inventory Slightly Decreased This Week

Published: Jul 8, 2026 14:56

Save

As of July 8, Hangzhou construction steel inventory this week stood at 1.195 million mt, down 10,000 mt WoW, a 0.83% decline.

As of July 8, construction steel inventory in Hangzhou this week stood at 1.195 million mt, down 10,000 mt WoW, a decrease of 0.83% WoW. This week, some arriving resources have yet to be put into storage, causing daily inbound data to be slightly below expectations at this stage; overall inventory is still in a phase of moderate destocking. Additionally, Zhejiang will be affected by typhoon weather over the weekend, market demand may experience periodic stagnation, and inventory is expected to edge up next week.

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.

Images in this article contain AI-translated captions for reference only.

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

1 min ago

[SMM HRC Daily Trading Volume] Spot transactions improve somewhat.

[SMM HRC Daily Trading Volume] On July 8, the combined daily trading volume of HRC from sampled enterprises in SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 13,610 mt, up 1,110 mt, or 8.6%, DoD, up 19.7% YoY on a solar calendar basis, and up 27.32% YoY on a lunar calendar basis.

1 min ago

25 mins ago

[SMM Steel]

[Sheets & Plates] Today, export prices for HRC and other sheets & plates remained stable DoD, with HRC transaction prices at $489-497/mt. Although futures edged up, most believe the uptick lacks sustainability, keeping market participants reluctant to adjust prices. Today, futures rallied, leading to some improvement in inquiries, but actual transactions reportedly improved little. Meanwhile, renewed US-Iran tensions mean inquiries from the region are unlikely to see a significant improvement.

25 mins ago

33 mins ago

[SMM Steel] Malaysia HRC Market Faces Weak Demand, Short-Term Prices Likely to Remain Rangebound

[Malaysia] Malaysia’s HRC cost levels are generally around 570-590 USD/tonne. Downstream buyers remain cautious, with most purchases made on a need-to-basis. Market activity remains limited due to continued competition from imported materials, slow recovery in end-user demand, and generally weak regional steel sentiment. In the short term, Malaysia’s HRC prices are likely to remain rangebound, with attention on changes in import offers and downstream restocking pace.

33 mins ago