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[SMM HRC Daily Transactions] Futures Market Continues to Decline, HRC Transactions Remain Weak

  • Jan 06, 2025, at 6:07 pm
[SMM HRC Daily Trading Volume] On January 6, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 11,100 mt, down 2,850 mt (-20.4%) DoD. The futures market fluctuated downward, market trading sentiment remained weak, and end-users showed strong wait-and-see sentiment, leading to an overall decrease in trading volume MoM.

[SMM HRC Daily Trading Volume] On January 6, the daily trading volume of HRC among sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 11,100 mt, down 2,850 mt (-20.4%) DoD.
The futures market fluctuated downward, market trading sentiment remained weak, and end-users showed strong wait-and-see sentiment, leading to an overall decrease in trading volume MoM.

 

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