The total HRC inventory last week was 3.5061 million mt, down 1.49% WoW but up 43.94% YoY. Last week, total and social stocks dipped, while in-plant stocks inched up. Looking forward, HRC inventory slip may slow down this week amid high output and greater impact of the weather in north China on demand.
Terminal procurement increased, driving HRC inventory to fall
- Nov 27, 2023, at 11:08 am
- SMM
The total HRC inventory last week was 3.5061 million mt, down 1.49% WoW but up 43.94% YoY.
