[SMM HRC Daily Transactions] HRC Futures Rose Significantly in Early Trading, Spot Transactions Increased
[SMM HRC Daily Trading] On March 6, the combined daily trading volume of HRC for sample companies in four cities (Shanghai, Lecong, Tianjin, and Ningbo) was 15,750 mt, a daily increase of 2,050 mt, or 15.0%.
Today, futures first rose then stabilized, spot prices increased by 10-20 yuan/mt, with significant gains in the morning session. The market's trading atmosphere improved, with North China showing a more noticeable improvement, leading to an overall increase in trading volume.
[SMM HRC Daily Trading] On March 6, the combined daily trading volume of HRC for sample companies in four cities (Shanghai, Lecong, Tianjin, and Ningbo) was 15,750 mt, a day-on-day increase of 2,050 mt, or 15.0%.
Today, futures first rose then stabilized, spot prices increased by 10-20 yuan/mt, with significant gains in the morning session. The market trading atmosphere improved, with North China showing a more noticeable improvement, and overall trading volume increased.
