[SMM HRC Daily Trading Volume] On December 18, the daily trading volume of HRC from SMM's sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 12,920 mt, down 820 mt or 6.0% MoM.
The futures market fluctuated downward, with a moderately weak trading atmosphere in the market. End-users downstream maintained a strong wait-and-see sentiment, leading to weak HRC transactions.
[SMM HRC Daily Transactions] Futures Fluctuate Downward, HRC Transactions Remain Weak
- Dec 18, 2024, at 5:47 pm
[SMM HRC Daily Trading Volume] On December 18, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 12,920 mt, down 820 mt or 6.0% MoM.
The futures market fluctuated downward, with a moderately weak trading atmosphere in the market. End-users downstream showed strong wait-and-see sentiment, leading to weak HRC transactions.
