[SMM HRC Daily Trading] On February 20, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 17,720 mt, up 1,080 mt or 6.50% WoW.
HRC futures surged strongly in the afternoon, and spot prices followed with an increase of 10-30 yuan/mt. The market trading sentiment was moderate, and overall trading volume increased on a WoW basis.

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