【SMM Hot Rolled Coil Social Inventory Census: Accumulation in Social Inventory this week affected by the holiday】

This week, SMM statistics show that the national social inventory of hot-rolled coils in 86 warehouses (large samples) is 4.2369 million tons, an increase of +32,400 tons, or +0.77% over the previous period, and an increase of +5.46% compared to the same period last year.

In terms of regions, this week, the market in East China and Central China saw an accumulation in inventory, while the market in South China, North China, and Northeast China saw different degrees of decrease in inventory. For more details....