[SMM HRC Daily Transactions] Futures Bottom Out, Spot Reaches Peak Season Levels
- feb 17, 2025, at 6:01 pm
[SMM HRC Daily Trading Volume] On February 17, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 21,440 mt, up 13,020 mt (+154.6%) WoW.
Futures rebounded from low levels, spot prices rose by 10-30 yuan/mt, market trading sentiment significantly improved, and end-user purchasing sentiment was excellent, with overall trading reaching peak season levels.
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