Group 1 - The total inventory of steel in 38 cities across the country reached 7.9931 million tons as of February 9, with an increase of 595,300 tons week-on-week, representing a growth of 8.05% [1] - The total inventory of construction steel amounted to 3.8190 million tons, increasing by 444,500 tons (+13.17%) compared to the previous week [1] - Hot-rolled coil inventory totaled 2.2381 million tons, with a week-on-week increase of 129,800 tons (+6.16%) [1] Group 2 - Medium and heavy plate inventory reached 748,000 tons, up by 18,000 tons (+2.47%) from the previous week [1] - Cold-rolled and coated inventory stood at 1.1880 million tons, with a slight increase of 3,000 tons (+0.25%) week-on-week [1]

Summary of Key Points Core Viewpoint - The latest data from Steel Silver E-commerce indicates a significant increase in steel inventory across 38 cities in China, with a total inventory of 7.3978 million tons as of February 2, reflecting a week-on-week increase of 290,600 tons, or 4.09% [1]. Inventory Breakdown - The total inventory of construction steel reached 3.3745 million tons, which is an increase of 213,700 tons, or 6.76% compared to the previous week, covering 30 cities and 79 warehouses [1]. - Hot-rolled coil inventory totaled 2.1083 million tons, with a week-on-week increase of 56,300 tons, or 2.74%, across 15 cities and 47 warehouses [1]. - Medium and heavy plate inventory stood at 730,000 tons, reflecting a week-on-week increase of 23,200 tons, or 3.28%, from 9 cities and 14 warehouses [1]. - Cold-rolled and coated inventory decreased to 1.1850 million tons, with a slight reduction of 2,600 tons, or 0.22%, covering 5 cities and 14 warehouses [1].

Summary of Key Points Core Viewpoint - As of January 19, the total steel inventory across 135 warehouses in 38 cities in China reached 6.9913 million tons, reflecting a slight increase of 0.13% compared to the previous week [1][2]. Inventory Breakdown - **Construction Steel Inventory**: Totaled 3.0045 million tons, with an increase of 41,000 tons (+1.38%) from the previous week, covering 30 cities and 79 warehouses [1][2]. - **Hot Rolled Steel Inventory**: Totaled 2.0701 million tons, showing a decrease of 17,700 tons (-0.85%) from the previous week, covering 15 cities and 47 warehouses [1][2]. - **Medium and Heavy Plate Inventory**: Totaled 707,500 tons, with an increase of 6,200 tons (+0.88%) from the previous week, covering 9 cities and 14 warehouses [1][2]. - **Cold Rolled and Coated Steel Inventory**: Totaled 1.2092 million tons, reflecting a decrease of 20,400 tons (-1.66%) from the previous week, covering 5 cities and 14 warehouses [1][2].

Summary 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].

Core Insights - The overall steel market inventory in China as of January 5 is 7.0462 million tons, showing a decrease of 16,000 tons (-0.23%) compared to the previous week [1][2] Inventory Summary - The total inventory of construction steel is 3.0159 million tons, down by 100,400 tons (-3.22%) from the previous week [1][2] - The total inventory of hot-rolled steel is 2.0675 million tons, an increase of 74,600 tons (+3.74%) from the previous week [1][2] - The total inventory of medium and heavy plates is 717,000 tons, up by 4,200 tons (+0.59%) from the previous week [1][2] - The total inventory of cold-rolled and coated steel is 1.2458 million tons, increasing by 5,600 tons (+0.45%) from the previous week [1][2]

Core Viewpoint - The total steel inventory in 38 cities across the country has decreased, indicating a potential tightening in supply and possible implications for pricing in the steel market [1]. Inventory Summary - The total steel inventory across 135 warehouses in 38 cities is 7.0622 million tons, a decrease of 394,300 tons from the previous week, representing a decline of 5.29% [1]. - The inventory of construction steel is 3.1163 million tons, down by 277,000 tons (-8.16%) from the previous week, covering 30 cities and 79 warehouses [1]. - The hot-rolled coil inventory stands at 1.9929 million tons, a reduction of 60,100 tons (-2.93%) from the previous week, including 15 cities and 47 warehouses [1]. - The inventory of medium and heavy plates is 712,800 tons, down by 42,000 tons (-5.56%) from the previous week, comprising 9 cities and 14 warehouses [1]. - The cold-rolled and coated inventory totals 1.2402 million tons, a decrease of 15,200 tons (-1.21%) from the previous week, covering 5 cities and 14 warehouses [1].

Core Viewpoint - As of December 15, the total steel inventory in the national market has decreased to 7.9251 million tons, reflecting a week-on-week reduction of 369,200 tons (-4.45%) across 38 cities and 135 warehouses [1][2]. Group 1: Total Steel Inventory - The total steel inventory in the national market is 7.9251 million tons, down from the previous week by 369,200 tons (-4.45%) [1][2]. Group 2: Inventory by Steel Type - The total inventory of construction steel is 3.7087 million tons, a decrease of 290,600 tons (-7.27%) from the previous week [1][2]. - The total inventory of hot-rolled steel is 2.1889 million tons, down by 70,200 tons (-3.11%) week-on-week [1][2]. - The total inventory of medium and heavy plates is 764,300 tons, a reduction of 14,100 tons (-1.81%) compared to last week [1][2]. - The total inventory of cold-rolled and coated steel has increased to 1.2632 million tons, up by 5,700 tons (+0.45%) from the previous week [1][2].

Core Viewpoint - The national steel market inventory has decreased, indicating a potential tightening in supply and possible upward pressure on prices in the near term [1] Inventory Summary - As of December 8, the total steel inventory in the country is 8.29 million tons, a decrease of 433,300 tons (-4.96%) compared to the previous week, covering 38 cities and 135 warehouses [1] - The total inventory of construction steel is 3.99 million tons, down by 365,200 tons (-8.37%) from the previous week, covering 30 cities and 79 warehouses [1] - The total inventory of hot-rolled steel is 2.26 million tons, a decrease of 60,700 tons (-2.62%) compared to the previous week, covering 15 cities and 47 warehouses [1] - The total inventory of medium and heavy plates is 778,400 tons, an increase of 6,400 tons (+0.83%) from the previous week, covering 9 cities and 14 warehouses [1] - The total inventory of cold-rolled and coated steel is 1.26 million tons, down by 13,800 tons (-1.09%) compared to the previous week, covering 5 cities and 14 warehouses [1] Price Trends - The price of construction steel has decreased from 4,729.9 to 4,364.5 (a decline of 7.73%) over the past three weeks [3] - The price of hot-rolled steel has slightly increased from 2,364.5 to 2,319.8 (a decrease of 1.09%) over the same period [3] - The price of medium and heavy plates has increased from 760.0 to 772.0 (an increase of 1.32%) [3] - The price of cold-rolled and coated steel has increased from 1,246.3 to 1,271.3 (an increase of 1.99%) [3] - The total steel inventory value has decreased from 9.10 billion to 8.73 billion (a decrease of 4.06%) over the past three weeks [3]

Group 1 - The total inventory of steel materials in 135 warehouses across 38 cities in the country is 8.7276 million tons as of December 1, showing a decrease of 142,000 tons (-1.60%) compared to the previous week [1] Group 2 - The total inventory of construction steel is 4.3645 million tons, which is a decrease of 192,900 tons (-4.23%) from the previous week, covering 79 warehouses in 30 cities [3] - The total inventory of hot-rolled coils is 2.3198 million tons, reflecting an increase of 23,100 tons (+1.01%) compared to the previous week, across 47 warehouses in 15 cities [3] - The total inventory of medium and heavy plates is 772,000 tons, with an increase of 14,500 tons (+1.91%) from the previous week, including 14 warehouses in 9 cities [3] - The total inventory of cold-rolled and coated steel is 1.2713 million tons, which is an increase of 13,300 tons (+1.06%) compared to the previous week, covering 14 warehouses in 5 cities [3]

Summary 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 downward trend in stock levels for various steel products as of November 24. Inventory Data - The total steel inventory across 135 warehouses in 38 cities is 8.8696 million tons, a decrease of 231,100 tons from the previous week, representing a decline of 2.54% [1] - The inventory of construction steel is 4.5574 million tons, down by 172,500 tons, which is a reduction of 3.65% [1] - Hot-rolled coil inventory stands at 2.2967 million tons, with a decrease of 67,800 tons, reflecting a decline of 2.87% [1] - Medium and heavy plate inventory totals 757,500 tons, showing a slight decrease of 2,500 tons, or 0.33% [1] - Cold-rolled and coated inventory has increased to 1.2580 million tons, up by 11,700 tons, which is an increase of 0.94% [1]