Telah Terbit: Jul 10, 2024 07:30
【SMM Steel Morning Meeting Summary: Fundamentals Have Not Yet Shown Positive Factors, Hot-rolled Coil Prices are Expected to Fluctuate Weakly in the Short Term】In yesterday's spot market, futures weakened, market transactions were differentiated, and most mainstream markets were cautious with average trading volumes for hot-rolled coils. However, in the South China market, where spot prices are close to their lows for the year, terminal demand for goods was relatively strong, resulting in decent trading volumes. In terms of supply, according to SMM statistics, the impact of hot-rolled coil maintenance this week was 161,200 tons, an increase of 36,400 tons from the previous week. The impact of hot-rolled coil maintenance next week is expected to be 151,200 tons...

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