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[SMM HRC Daily Transactions] Futures Market Rose First Then Fell; HRC Transactions Improved MoM

  • Jan 02, 2025, at 6:08 pm
[SMM HRC Daily Trading Volume] On January 2, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 15,830 mt, up 3,000 mt (+23.4%) MoM. The futures market rose initially but fell later. Morning trading was moderate, and market sentiment improved, leading to an overall increase in trading volume MoM.

【SMM HRC Daily Trading Volume】On January 2, the daily trading volume of HRC among sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 15,830 mt, up 3,000 mt (+23.4%) MoM.
The futures market rose initially but weakened later. Morning market transactions were moderate, with an improved trading atmosphere. Overall trading volume increased MoM.

 

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