【SMM HRC Daily Trading Volume】On December 23, the daily trading volume of HRC from SMM's sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 17,150 mt, up 2,130 mt (+14.2%) MoM.
The futures market fluctuated, reversing the downward trend of HRC. The market trading sentiment was moderate, with downstream end-users purchasing as needed. However, some speculative demand emerged, leading to relatively good HRC transactions.
[SMM HRC Daily Transactions] Speculative Demand Emerges, HRC Transactions Perform Well
- Dec 23, 2024, at 5:27 pm
[SMM HRC Daily Trading Volume] On December 23, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 17,150 mt, up 2,130 mt (+14.2%) DoD.
The futures market fluctuated, reversing the downward trend of HRC. The market trading sentiment was moderate, with end-users purchasing as needed, though some speculative demand emerged, leading to relatively good HRC transactions.
