1. According to data from SteelHome, total urban steel inventory last week was 12.0088 million tons, a decrease of 105,400 tons (-0.87%) compared to the previous week. This week, total construction steel inventory is 6.4461 million tons, an increase

2026-03-23

1. According to data from SteelHome, total urban steel inventory last week was 12.0088 million tons, a decrease of 105,400 tons (-0.87%) compared to the previous week. This week, total construction steel inventory is 6.4461 million tons, an increase of 2,300 tons (+0.04%) compared to the previous week. 2. According to AmSpec, an independent inspection agency in Malaysia, Malaysia's palm oil exports from March 1st to 20th were 1,166,586 tons, an increase of 49.6% compared to the 779,834 tons exported in the same period last month. 3. Relevant departments of the National Development and Reform Commission and the Ministry of Agriculture and Rural Affairs organized a symposium with pig farming enterprises to analyze and assess the price situation and arrange market regulation work. The meeting required all pig farming enterprises to strictly implement capacity control measures, scientifically arrange production and operation, orderly reduce the number of breeding sows, and reasonably control the number of pigs slaughtered to promote better matching of supply and demand. 4. According to Longzhong Information, Sichuan Wujun Solar Energy Co., Ltd.'s second-line production line, with a designed capacity of 900 tons/day, began releasing capacity last Friday. 5. According to the Zhengzhou Commodity Exchange (ZCE), starting from the night trading session on March 20, 2026, the maximum number of open positions for non-futures company members or clients in a single day for the methanol futures 2605 contract is 16,000 lots, and the maximum number of open positions for the caustic soda futures 2605 contract is 8,000 lots. 6. Data from the Shanghai Futures Exchange (SHFE) shows that last week, copper inventories decreased by 22,337 tons, aluminum inventories increased by 35,619 tons, zinc inventories increased by 4,918 tons, lead inventories decreased by 9,939 tons, nickel inventories decreased by 20 tons, and tin inventories decreased by 2,472 tons. 7. Data from the International Aluminium Institute (IAI) shows that global primary aluminum production in February 2026 was 5.685 million tons, compared to 5.633 million tons in the same period last year and 6.317 million tons the previous month. China's primary aluminum production is projected to be 3.421 million tons in February, compared with 3.786 million tons in the previous month.