[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.