【SMM Hotspot: Summary of Domestic Construction Steel Winter Storage Policies in 2024 (2024.01.11)】According to SMM research, 17 steel mills have currently announced winter storage policies, including: 8 in North China, 5 in Northeast China, 3 in Northwest China, and 1 in East China. The newly added winter storage policies include 4 steel mills: Jiugang, Shanxi Jianbang, Shanxi Hongda, and Shanxi Huaxinyuan.
In recent times, national construction materials prices have been fluctuating at high levels, demand has gradually weakened, and inventory continues to accumulate. The market's willingness to winter store is generally low, with northern steel mills leading the way in announcing winter storage policies while many southern steel mills remain in a wait-and-see state. According to current winter storage policies, steel mills are offering relatively strong incentives, and there is a strong willingness to distribute from inventory.

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