SMM Rebar Daily: Futures & Spot Surge, But Transactions Lag

Publicado: Dec 10, 2024 17:28
[SMM Rebar Daily Review: Futures and Spot Both Surge, High-Level Transactions Lack Momentum] Today, rebar futures opened higher with a gap and rose significantly, closing at 3,402 points, up by 2.5%. In the spot market, boosted by the futures market opening higher with a gap, steel mills in various regions raised ex-factory prices to varying degrees in the morning. Market quotations followed the rise significantly, but the rapid and substantial increase was met with limited acceptance, and transactions followed up lower-than-expected...

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