【SMM HRC Daily Transaction】Futures surged significantly, spot cargo transactions increased substantially.
【SMM HRC Daily Trading】On April 1, the total daily trading volume of HRC in SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 18,490 mt, a daily increase of 7,010 mt, up 61.1%.
Futures rose throughout the day, and spot prices increased by 10-20 yuan/mt. The spot trading atmosphere improved significantly, with speculative buying the dip demand emerging, leading to a substantial increase in daily trading volume.
【SMM HRC Daily Trading】On April 1, the total daily trading volume of HRC in SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 18,490 mt, a daily increase of 7,010 mt, up 61.1%.
Today, futures continued to rise, and spot prices increased by 10-20 yuan/mt. The spot trading atmosphere improved significantly, with speculative buying the dip demand emerging, leading to a substantial increase in daily trading volume.
