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

Published: Jul 8, 2026 14:56

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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.

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