[SMM HRC Daily Trading] Spot Cargo Trading Continues to Decline

Published: Aug 3, 2026 19:03

Save

[SMM HRC Daily Trading] On August 3, SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises' HRC daily trading volume totaled 9,900 mt, down 730 mt (-6.8%) day-over-day, with a calendar YoY decline of 5.35% and a lunar YoY decline of 16.39%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Humanoid Robot and High-Efficiency Motor Demand Expectations Catalyze, Motor Sector Strengthens, Jiangxi Special Electric Motor Hits Daily Limit [SMM Quick News]

1 hour ago

[Southern Steel Expands Southwest Market Reach with Rach Gia Contractor Seminar, Strengthening Distribution Network]

Southern Steel (SSCV) held a contractor and distributor seminar in Rach Gia, reaffirming its strategy to strengthen customer ties and expand its presence in Vietnam’s Southwest region. The company highlighted Rach Gia, Phu Quoc and An Giang as key growth markets, while reinforcing its focus on stable supply, enhanced sales support and a stronger distribution ecosystem to capture rising construction demand.

1 hour ago

US, Japan Jointly Intervene to Support Yen for First Time Since 1998, Driving Sharp Currency Rally

The US and Japan have jointly intervened in currency markets to support the yen for the first time since 1998, signaling a coordinated effort to curb the currency's prolonged weakness. The move lifted the yen sharply against the US dollar and raised expectations of further intervention if volatility persists, as authorities seek to stabilize markets amid global geopolitical tensions and interest rate divergence.

1 hour ago