【SMM Hot Rolled Coil Daily Review: Double Coke Leads the Rise, Intraday Hot Rolled Coil Quotation and Transaction Improve】

Today, the East China market followed by a 10-30 yuan increase, with moderate trading in the morning and weaker trading in the afternoon; in the South China region, the Lecong market reported a closing price of 4010-4030, an increase of 20 yuan/ton compared to yesterday, with slightly better trading at low prices in the morning, and the futures market rallying at noon, driving a wave of speculative demand release, overall trading is still acceptable, but traders tend to hold prices and be reluctant to sell unilaterally; overall trading in the northern market was good today, with Tangshan spot prices at 3920 at the close, an increase of 30 yuan/ton compared to the previous day, rebound in the futures market and increased demand driving the improvement in trading. Shenyang spot prices at 3900 at the close, an increase of 20 yuan/ton compared to the previous day, with a relatively large daily price increase and moderate trading.