[SMM Daily Transaction Volume of Hot-rolled Coils] On July 9, the total daily transaction volume of hot-rolled coils in the sample enterprises in SMM's three cities (Shanghai, Lecong, and Tianjin) reached 13,100 tons, a daily increase of 3,080 tons, or 30.7%.

In the afternoon, the futures market rebounded slightly, boosting market confidence, and downstream procurement enthusiasm increased, leading to average trading performance of hot-rolled coils among traders.