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[SMM HRC Daily Transactions] Futures Continue to Rise, Spot Transactions to Persist?
Feb 18, 2025, at 5:43 pm
[SMM HRC Daily Trading] On February 18, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 20,670 mt, down 770 mt or 3.6% WoW.
Futures continued to rise today, and spot prices increased by 10-40 yuan/mt. The market trading sentiment remained positive, with overall trading still at peak season levels, showing a slight decline MoM.
[SMM HRC Daily Trading] On February 18, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 20,670 mt, down 770 mt or 3.6% WoW.
Futures continued to rise today, and spot prices increased by 10-40 yuan/mt. The market trading atmosphere remained positive, with overall trading still at peak season levels, showing a slight decline MoM.
