Data: SHFE, DCE market movement (Apr 20)

[SMM Hot-Rolled Coil Daily Trading] On April 20, the combined daily trading volume of hot-rolled coil from SMM's sample enterprises across four cities (Shanghai, Lecong, Tianjin, and Ningbo) totaled 17,560 mt, up 1,500 mt DoD (+9.3%), up 7.4% YoY (solar calendar), and up 52.94% YoY (lunar calendar).

In March 2026, China produced 87.04 million mt of crude steel, down 6.3% YoY, with daily production at 2.8077 million mt/day; produced 73.28 million mt of pig iron, down 3.3% YoY, with daily production at 2.3639 million mt/day; produced 130.98 million mt of steel products, down 2.3% YoY, with daily production at 4.2252 million mt/day. From January to March, China's cumulative crude steel production totaled 248 million mt, down 4.6% YoY, with cumulative daily production at 2.7506 million mt; pig iron production totaled 211 million mt, down 2.9% YoY, with cumulative daily production at 2.3442 million mt; steel products production totaled 351 million mt, down 1.7% YoY, with cumulative daily production at 3.9049 million mt.

On the morning of April 20, a riverside commercial land parcel located in the core area of Hangzhou Qianjiang Century City was listed for sale. Hangzhou JD Jiwei Information Technology Co., Ltd. won the parcel with a total price of 663 million yuan, at a transaction floor price of 5,600 yuan/㎡. The parent company of Hangzhou JD Jiwei Information Technology Co., Ltd. is Beijing JD Century Trading Co., Ltd., which holds a 100% stake. This means that the much-anticipated land for JD Group's Zhejiang regional center headquarters was officially acquired.