SMM hot coil daily review: Fundamental contradictions not apparent, expected high-level price volatility tomorrow.
The spot price in the Shanghai market at the end of today is around 4100-4110, with overall trading volume weaker compared to yesterday, and moderate purchasing enthusiasm among end users. The spot price in Lecong market at the end of today is 4210-4230, with overall moderate trading volume, mainly driven by on-demand purchasing at end-user outlets, and a market sentiment of fear of high prices. Today's transactions in the northern market are moderate, with the Shenyang market leaning towards weaker transactions and increasing end-user wait-and-see sentiment, and traders holding firm prices and a bullish outlook. The Tangshan market has moderate transactions, with traders showing strong bullish sentiment and end-user wait-and-see attitude prevailing.

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