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[SMM HRC Daily Transactions] Futures Fluctuate Downward, HRC Transactions Further Weaken

  • Dec 27, 2024, at 5:38 pm
[SMM HRC Daily Trading Volume] On December 27, the total daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM was 13,190 mt, down 1,140 mt or 8.0% MoM. The futures market fluctuated downward, market trading sentiment further weakened, and purchase willingness from end-users in both southern and northern regions declined, leading to a continued weakening in overall transactions.

[SMM HRC Daily Trading Volume] On December 27, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 13,190 mt, down 1,140 mt or 8.0% on a daily basis.
The futures market fluctuated downward, market trading sentiment further weakened, and purchase willingness from end-users in both southern and northern regions declined, leading to a continued weakening in overall transactions.

 

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