[SMM HRC Daily Trading Volume] On February 28, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 18,640 mt, down 1,010 mt or 5.10% on a daily basis.
Today, futures prices first declined and then rebounded, while spot prices remained generally stable. Afternoon trading in the market was significantly better than in the morning. Trading volume saw a slight decrease MoM but remained at a high level overall.
SMM HRC Daily Trading Volume】On February 28, the daily trading volume of HRC among sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 18,640 mt, down 1,010 mt or 5.10% on a daily basis.
Futures prices initially declined but later rebounded, while spot prices remained generally stable. Afternoon market transactions were significantly better than those in the morning, with trading volume slightly down MoM but overall remaining at a high level.
