Telah Terbit: Mar 8, 2024 08:30
SMM Steel Morning Meeting Minutes: Weak rebound in futures, market sentiment slightly improved. The futures market fluctuated and closed at 3708, up 0.03% from the previous trading day, with weak adjustments in the spot market prices throughout the day. According to SMM research, the total national rebar inventory this week was 12.3078 million tons, a 3.56% increase from the previous period and a 1.64% increase from the same period last year. Building material inventory continues to be digested. On the demand side, the market sentiment slightly improved with a rebound from oversold levels, and there was a slight increase in terminal market purchases. However, the overall transaction level remains weak...

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