[SMM HRC Daily Trading Volume] On January 14, the daily trading volume of HRC samples from SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 18,120 mt, down 1,130 mt or 5.90% WoW.
The futures market continued its rebound, and spot prices rose by 10-60 yuan/mt. The market trading sentiment further improved, but purchasing enthusiasm was stronger yesterday, resulting in a slight decline in trading volume.
[SMM HRC Daily Trading] On January 14, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 18,120 mt, down 1,130 mt (-5.90%) DoD.
The futures market continued its rebound, spot prices rose by 10-60 yuan/mt, and market trading sentiment further improved. However, purchasing enthusiasm was stronger yesterday, leading to a slight decline in trading volume by comparison.
