[SMM Hot-rolled coil social inventory roundup: supply strong, demand weak, hot-rolled coil social inventory accumulating nationwide]

This week, SMM statistics show that the national social inventory of hot-rolled coil in 86 warehouses (large sample) was 3.9322 million tons, an increase of 58,000 tons from the previous week, or 1.50% higher than the previous week. Compared with the same period of the new calendar year, the inventory has increased by 22.41%.

From a regional perspective, except for the Central China and North China markets where the inventory decreased, the East China, South China, and Northeast markets all showed an increase in inventory. For more details...