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[SMM HRC Daily Transactions] Downward Trend Curbed, HRC Transactions Moderate

  • Dec 20, 2024, at 5:19 pm
[SMM HRC Daily Trading Volume] On December 20, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 15,020 mt, up 1,980 mt (+15.2%) MoM. The futures market fluctuated, with the sharp downward trend curbed. Market trading sentiment slightly improved, while downstream end-users purchased as needed, and HRC transactions were moderate.

[SMM HRC Daily Trading Volume] On December 20, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 15,020 mt, up 1,980 mt (+15.2%) DoD.
The futures market fluctuated, with the sharp downward trend curbed. Market trading sentiment slightly improved, downstream end-users purchased as needed, and HRC trading was moderate.

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