[SMM HRC Daily Trading Volume] On February 21, the daily trading volume of HRC among sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 14,600 mt, down 3,120 mt or 17.6% on a daily basis.
HRC futures continued to fluctuate upward today, with spot prices rising by 10-20 yuan/mt. Market sentiment showed some fear of high prices, and overall trading volume declined MoM.
[SMM HRC Daily Trading Volume] On February 21, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 14,600 mt, down 3,120 mt or 17.6% on a daily basis.
Futures continued to fluctuate upward, and spot prices followed with an increase of 10-20 yuan/mt. Market sentiment showed some fear of high prices, and overall trading volume declined MoM.
