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[SMM HRC Daily Transactions] Futures Market Decline Halts, Spot Transactions Improve

  • Jan 10, 2025, at 6:35 pm
[SMM HRC Daily Trading Volume] On January 10, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 15,470 mt, up 750 mt or 5.1% MoM. The futures market rebounded slightly, spot prices remained stable overall, and market trading sentiment improved compared to earlier this week. Low-price transactions performed well, and overall trading volume increased slightly MoM.

[SMM HRC Daily Trading Volume] On January 10, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 15,470 mt, up 750 mt or 5.1% MoM.

The futures market rebounded slightly within a narrow range, spot prices remained mostly stable, and market trading sentiment improved compared to earlier this week. Low-price transactions performed well, and overall trading volume increased slightly MoM.

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