[SMM HRC Daily Trading Volume] On February 13, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 9,670 mt, down 970 mt or 9.1% on a daily basis.
Futures fluctuated downward today, and spot prices also declined slightly. The market trading sentiment was average, mainly driven by low-price rigid demand transactions, with overall performance fluctuating rangebound on a MoM basis.
[SMM HRC Daily Trading Volume] On February 13, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 9,670 mt, down 970 mt or 9.1% on a daily basis.
HRC futures fluctuated downward today, and spot prices also declined slightly. The market trading atmosphere was average, mainly driven by low-price rigid demand, with overall performance fluctuating rangebound on a MoM basis.
