[SMM HRC Daily Trading Volume] On March 3, the daily trading volume of HRC samples from SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 16,020 mt, a day-on-day decrease of 2,620 mt, down 14.10%.
Today, futures rose initially but weakened later, with spot prices remaining stable with a weak trend. During the morning session, futures rallied, and market transactions performed well. However, futures retreated in the afternoon, leading to weaker transactions. Some traders were unable to complete shipments before noon, resulting in an overall decline in trading volume.
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