[SMM HRC Daily Transactions] Futures Fluctuate Upward, Spot High Transactions Continue
[SMM HRC Daily Trading Volume] On March 14, the daily trading volume of HRC sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 17,930 mt, an increase of 1,150 mt or 1.2% day-on-day.
Today, futures continued to fluctuate upward, spot prices rose by 30 yuan/mt, market trading sentiment was positive, end-users actively made purchases, and some arbitrage demand entered the market, pushing daily trading volume to a higher level.
[SMM HRC Daily Trading Volume] On March 14, the daily trading volume of HRC sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 17,930 mt, an increase of 1,150 mt or 1.2% day-on-day.
Today, futures continued to fluctuate upward, spot prices rose by 30 yuan/mt, market trading sentiment was positive, end-users actively made purchases, and some arbitrage demand entered the market, pushing daily trading volume to a new high.
