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