[SMM Hot-rolled Coil Inventory in Regional Markets: Slight Accumulation of Inventory in Shanghai After the Festival]

This week, the inventory of hot-rolled coils in Shanghai reached 355,400 tons, decreasing by 27,100 tons from last week, with a decline of 7.08%. Compared with the same period of the Gregorian calendar year, it increased by 18.82%, and increased by 3.58% compared with the same period of the lunar calendar year.