【SMM HRC Daily Trading】On April 2, the total daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM was 13,960 mt, a daily decrease of 4,530 mt, down 24.5%.
Futures fluctuated rangebound today, while spot prices rose by 10-20 yuan/mt. As the holiday approaches, the market atmosphere significantly weakened today after a surge in trading volume yesterday, leading to a narrowing of daily trading.
【SMM HRC Daily Trading】On April 2, the total daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM was 13,960 mt, a daily decrease of 4,530 mt, down 24.5%.
Today, futures fluctuated rangebound, while spot prices rose by 10-20 yuan/mt. Approaching the holiday, the market atmosphere significantly weakened after the surge in trading volume yesterday, leading to a narrowing of daily trading.
