[SMM HRC Daily Trading Volume] On March 5, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 13,700 mt, a day-on-day decrease of 1,030 mt (-7.0%).
Futures fluctuated downward today, spot prices dropped by 10-20 yuan/mt, and the futures market remained weak. Market sentiment was cautious, with end-users primarily purchasing as needed, leading to a continued decline in overall trading volume.
[SMM HRC Daily Trading Volume] On March 5, the daily trading volume of HRC sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 13,700 mt, a day-on-day decrease of 1,030 mt (-7.0%).
Futures fluctuated downward today, spot prices dropped by 10-20 yuan/mt, and the futures market remained weak. Market sentiment was relatively cautious, with end-users primarily purchasing as needed, leading to a continued decline in overall trading volume.
