Overall, the price of hot-rolled coil fluctuated between 3550 and 3750 in October, and the price center of gravity moved up significantly compared with September. Entering November, under the further stimulation of macroeconomic policies, the market has also recovered to a certain extent recently. At present, the supply is at a low level compared with previous years, and the demand has recovered slightly. It is expected that the hot-rolled coil market will continue to remain strong in November. The total output of hot-rolled coil sample steel mills in October was 12.2371 million tons, the final inventory value was 2.5952 million tons, the apparent demand was 3.1869 million tons, and the output decreased slightly.