SMM Hot Coil Inventory Review: Low-price transactions remain acceptable, Slight reduction in inventory in social warehouses

This week, SMM statistics for the national 86 warehouses (large sample) showed a total hot coil inventory of 4.985 million tons, a decrease of 0.97 million tons or 0.19% compared to the previous period, and an increase of 3.94% compared to the same period last year in the lunar calendar.

By region, the inventory in the South China market has decreased significantly, while the East and North China markets have seen a slight reduction in inventory. For detailed information, please refer to...