[SMM HRC Daily Trading Volume] Spot Transactions Move Sideways

Luxembourg-based steelmaking conglomerate ArcelorMittal officially finalized a sweeping strategic technology collaboration with Amazon Web Services (AWS) to accelerate industrial automation across its global production footprint. Under the comprehensive pact, ArcelorMittal will converge its operational technology (OT) and information technology (IT) onto AWS infrastructure. By deploying industrial IoT, real-time sensor data mapping, and computer-vision quality control directly to the edge of its production environments, the steelmaker aims to deploy advanced AI digital twins across its physical assets to drastically optimize furnace reliability and reduce energy consumption.

[Vietnam] Dragged down by sluggish trading, buyers in the Vietnamese hot-rolled coil (HRC) market maintain an extremely strong wait-and-see stance. In an effort to stimulate transactions, some Indian sellers have proactively conceded margins by cutting their HRC offers sharply to 550 USD/tonne CFR Vietnam, representing a significant discount from the previous mainstream asking price of 565 USD/tonne CFR. However, due to weak market expectations and highly depressed purchasing intent, this price reduction has still failed to attract any substantial buying interest.