Hot-Rolled Steel Inventory Declines This Week

This week's hot-rolled steel social inventory stood at 2.3565 million tonnes, a decrease of 105,900 tonnes or 4.3% week-on-week, and 7.19% year-on-year.

The hot-rolled steel mill inventory for this week was 1.1395 million tonnes, a decline of 57,000 tonnes or 0.5% week-on-week, and an increase of 7.07% year-on-year.

The total inventory of hot-rolled steel coil this week amounted to 3.4961 million tonnes, a reduction of 111,600 tonnes or 3.09% week-on-week, and 2.98% year-on-year.