[SMM HRC Daily Trading Volume] On February 12, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 10,640 mt, up 1,050 mt (+10.9%) on a daily basis.
Futures prices fluctuated upward today, while spot prices slightly increased. The market trading atmosphere slightly improved, with transactions mainly driven by low-price rigid demand. Overall performance increased slightly MoM.

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