NETSUN(SZ:002095) Xin Hua Cai Jing·2026-01-12 00:19Summary of Key Points Core Viewpoint - The latest data from Steel Silver E-commerce indicates a decrease in total steel inventory across 38 cities in China, reflecting a slight contraction in the market [1]. Inventory Data - The total steel inventory in 135 warehouses across 38 cities is 6.98 million tons, which is a decrease of 64,000 tons from the previous week, representing a decline of 0.91% [1]. - The inventory of construction steel amounts to 2.96 million tons, down by 52,400 tons week-on-week, marking a reduction of 1.74% [1]. - Hot-rolled coil inventory has increased to 2.09 million tons, with a rise of 20,300 tons, reflecting a growth of 0.98% [1]. - Medium and heavy plate inventory stands at 701,300 tons, decreasing by 15,700 tons, which is a decline of 2.19% [1]. - Cold-rolled and coated inventory totals 1.23 million tons, down by 16,200 tons, indicating a decrease of 1.30% [1].