[SMM Daily Transaction Volume of Hot-rolled Coils] On October 24, the total daily transaction volume of hot-rolled coils among the sample enterprises in SMM's four cities (Shanghai, Lecong, Tianjin, and Ningbo) reached 13,530 tonnes, with a daily increase of 440 tonnes or 3.4% compared to the previous day.
The futures market fluctuated, and the market sentiment was cautious with a wait-and-see attitude. Downstream terminals purchased on an as-needed basis. However, rumors spread in the afternoon that the People's Bank of China would further ease policies, which led to a warmer trading atmosphere, and the transaction volume of hot-rolled coils was decent.
![[SMM Balance Semanal de Materiales de Construcción] Mejora el ambiente de negociación del mercado, la liberación de la demanda rígida no cumple las expectativas](https://imgqn.smm.cn/usercenter/JdqON20251217171718.png)
