[SMM HRC Daily Transactions] Futures Fluctuate Rangebound, Spot Transactions Turn Downward?
- feb 19, 2025, at 5:48 pm
[SMM HRC Daily Transactions] On February 19, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 16,640 mt, down 4,030 mt or 19.5% on a daily basis.
Futures fluctuated rangebound today, with spot prices remaining mostly stable. Market trading sentiment slightly weakened, with some markets showing heightened fear of high prices. Overall transactions saw a significant decline MoM.
