【SMM HRC Daily Trading】On April 21, the total daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, and Ningbo) monitored by SMM reached 16,350 mt, up 4,780 mt (+41.3%) WoW.
Futures fluctuated at highs today, while spot prices rose by 10-30 yuan/mt. Futures continued to fluctuate at highs, and the market trading atmosphere improved. Traders actively destocked, leading to a significant WoW increase in daily trading volume.
【SMM HRC Daily Trading】On April 21, the total daily trading volume of HRC in SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 16,350 mt, up 4,780 mt WoW, an increase of 41.3%.
Futures fluctuated at highs today, while spot prices rose by 10-30 yuan/mt. Futures continued to fluctuate at highs, and the market trading atmosphere improved. Traders actively destocked, leading to a significant WoW increase in daily trading volume.
