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

  • Jan 03, 2025, at 5:44 pm
[SMM HRC Daily Trading Volume] On January 3, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 13,950 mt, down 1,880 mt (-11.9%) MoM. The futures market fluctuated downward, market trading sentiment significantly weakened, and end-users adopted a wait-and-see attitude, leading to an overall MoM decline in trading volume.

[SMM HRC Daily Trading Volume] On January 3, the daily trading volume of HRC among sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 13,950 mt, down 1,880 mt (-11.9%) DoD.

The futures market fluctuated downward, market trading sentiment significantly weakened, end-users adopted a wait-and-see attitude, and overall trading volume decreased MoM.

 

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