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[SMM HRC Daily Transactions] Futures Fluctuate Upward, HRC Transactions Improve MoM

  • Dec 30, 2024, at 5:45 pm
[SMM HRC Daily Trading Volume] On December 30, the daily trading volume of HRC among sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 15,180 mt, up 1,990 mt (+15.1%) MoM. The futures market fluctuated upward, with market trading sentiment moderately improving MoM. Some speculative demand was released, end-user purchase willingness was moderate, and overall trading volume increased MoM.

[SMM HRC Daily Trading Volume] On December 30, the daily trading volume of HRC from SMM's sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 15,180 mt, up 1,990 mt (+15.1%) MoM.
The futures market fluctuated upward, market trading sentiment improved moderately MoM, with some speculative demand released. End-user purchase willingness was moderate, and overall trading volume increased MoM.

 

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