HRC Total Inventory WoW Destocking, Expected WoW Increase Next Week

Published: Jul 9, 2026 17:01

Save

This week, the HRC social inventory at 86 warehouses nationwide (large sample) tracked by SMM stood at 4.3425 million mt, down 33,200 mt WoW, or down 0.76% WoW, and up 45.74% YoY on a lunar calendar basis. By region, the northeast China market saw a relatively large destocking, the central China market experienced a slight accumulation, and the south China, east China, and north China markets underwent narrow destocking.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

[Brief Commentary on China's Iron Ore] Liaodong Regional Market Prices Set to Remain Stable in Short Term

Common.Time.minsAgo

[SMM HRC Daily Trading] Spot trading moved sideways.

[SMM HRC Daily Trading] On July 9, the total daily HRC trading volume of sample enterprises in SMM’s four cities (Shanghai, Lecong, Tianjin, Ningbo) was 13,120 mt, down 490 mt, or 3.9% DoD, down 22.5% YoY (Gregorian calendar), and down 0.15% YoY (lunar calendar).

Common.Time.minsAgo

[SMM Steel]

[Sheets & Plates] Today, the export prices of HRC and other sheets & plates remained stable day-over-day, with HRC transaction prices ranging from $489-497/mt. Market inquiry performance was moderate today, eased slightly compared to yesterday. The price spread advantage of semi-finished products weakened, and some traders also began to reduce their attention to related varieties.

Common.Time.minsAgo