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[SMM HRC Daily Transactions] Futures Rose First Then Fell, Spot Transactions Increased Slightly
Mar 10, 2025, at 10:07 am
[SMM HRC Daily Trading Volume] On March 10, the daily trading volume of HRC sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 13,200 mt, a daily increase of 2,280 mt (20.9%).
Today, futures fluctuated downward, spot prices dropped by 10-20 yuan/mt, and prices continued to decline. Market demand for purchasing as needed increased, and overall trading volume rose.
【SMM HRC Daily Trading Volume】On March 10, the daily trading volume of HRC sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 13,200 mt, a day-on-day increase of 2,280 mt (+20.9%).
Futures fluctuated downward today, and spot prices dropped by 10-20 yuan/mt. Prices continued to decline, leading to an increase in purchasing as needed, with overall trading volume rising.
