[SMM HRC Daily Trading] On March 7, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 10,920 mt, a day-on-day decrease of 48,300 mt (-30.7%).
Today, futures fluctuated downward, spot prices dropped by 20-30 yuan/mt, and prices continued to decline slightly in the afternoon. The market trading atmosphere was noticeably weak, and overall trading volume declined significantly.
[SMM HRC Daily Trading Volume] On March 7, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 10,920 mt, down 48,300 mt day-on-day, -30.7%.
Futures fluctuated downward today, spot prices dropped by 20-30 yuan/mt, and prices continued to decline slightly in the afternoon. The market trading atmosphere was noticeably weak, with overall trading volume showing a significant decrease.
