[SMM HRC Daily Trading Volume] On March 4, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 14,730 mt, a day-on-day decrease of 1,290 mt (-8.10%).
Today, futures fluctuated downward, spot prices dropped by 10-20 yuan/mt, the futures market remained weak, market trading sentiment weakened, and end-users mainly purchased as needed, leading to a continued decline in overall trading volume.
【SMM HRC Daily Trading Volume】On March 4, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 14,730 mt, a day-on-day decrease of 1,290 mt (-8.10%).
Futures fluctuated downward today, spot prices dropped by 10-20 yuan/mt, and the futures market remained weak. Market sentiment turned bearish, with end-users primarily purchasing as needed, leading to a continued decline in overall trading volume.
