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MMi
【SMM HRC Daily Trading】Futures Rose from Low Levels, Spot Trading Volume Increased Significantly
Apr 23, 2025, at 6:03 pm
【SMM HRC Daily Trading】On April 23, the total daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM was 16,120 mt, down 5,140 mt WoW, up 46.8%.
Futures surged today, and spot prices increased by 20-60 yuan/mt. The easing of overseas trade frictions and the reduction of domestic panic sentiment improved the market trading atmosphere, leading to a significant WoW increase in daily trading volume.
【SMM HRC Daily Trading】On April 23, the total daily trading volume of HRC in SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 16,120 mt, down 5,140 mt WoW, up 46.8%.
Futures surged today, spot prices rose by 20-60 yuan/mt, overseas trade frictions eased, domestic panic sentiment weakened, market trading atmosphere improved, and daily trading volume increased significantly MoM.
