[SMM HRC Daily Trading] On November 29, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 13,160 mt, up 1,120 mt, or 9.3% MoM.
The futures market fluctuated upward, and the market trading atmosphere slightly improved. Downstream end-use sectors continued to restock as needed, but some speculative demand emerged. Overall, the HRC trading was moderate throughout the day.
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