Ningbo Hot-Rolled Coil Inventories Decline Both Weekly and Year-on-Year

[SMM Ningbo Hot-rolled Coil Inventory] This week, the small-sample inventory of hot-rolled coils in Ningbo is 280,300 tonnes, while the large-sample inventory is 413,000 tonnes.

This week, the small-sample inventory of hot-rolled coils in Ningbo is 280,300 tonnes, a decrease of 3,200 tonnes or 1.13% from last week, and a year-on-year decline of 4.33% in solar calendar terms. The large-sample inventory stands at 413,000 tonnes, a drop of 8,500 tonnes or 2.02% from last week.