【SMM Daily Transaction Volume of Hot Rolled Coils】On June 6th, the total daily transaction volume of hot rolled coils of SMM’s three cities (Shanghai, Lechong, Tianjin) sample enterprises reached 18,130 tons, with a daily increase of 7,310 tons, +67.6%. The futures market rebounded in the afternoon, with rumors that crude steel production would be curbed. Some traders and downstream terminals took advantage of the market bottom to buy goods, and the transaction volume of hot rolled coils was relatively good.
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