【SMM HRC Daily Trading】On April 24, the total daily trading volume of HRC in SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 10,640 mt, down 5,480 mt or 34% MoM.
Today, HRC futures declined in a stepwise manner, while spot prices dropped by 10-40 yuan/mt. Futures weakened again, and market sentiment turned cautious, leading to a significant MoM decline in daily trading volume.
【SMM HRC Daily Trading】On April 24, the total daily trading volume of HRC in SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 10,640 mt, down 5,480 mt or 34% WoW.
Today, HRC futures declined in a stepwise manner, with spot prices dropping by 10-40 yuan/mt. Futures weakened again, and market sentiment turned cautious, leading to a significant WoW decline in daily trading volume.
