This week, Shanghai hot rolled coil inventory decreased, while Lecong hot rolled coil inventory slightly accumulated.

This week, Shanghai hot rolled coil inventory is 332,800 tons, down 18,900 tons from the previous week, a decrease of 5.37%; year-over-year comparison based on the Gregorian calendar shows a decrease of 4.67%, while the lunar calendar comparison shows an increase of 31.59%. Lecong hot rolled coil inventory is 688,500 tons, up 12,700 tons from last week, an increase of 1.88%; year-over-year comparison based on the Gregorian calendar shows a decrease of 21.76%, while the lunar calendar comparison shows an increase of 16.75%. (Shanghai Nonferrous Metals Network)

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