This week's SMM statistics of 69 warehouses (large sample) nationwide hot roll social inventory 3.6381 million tons, compared with last week +22,800 tons, an increase of 0.63%, a slight increase from the previous week.

This week, some steel mills in the north reduced production and increased code, while the rapid rise of coil prices did not significantly boost the terminal sentiment, and the demand for transactions continued to be sluggish, and the social inventory increased slightly from the previous week. Regionally, the markets in East China, North China, and other regions have accumulated small warehouses, and Northeast China and South China have reduced warehouses to varying degrees. In detail: