【SMM HRC Daily Trading Volume】On March 4, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 14,730 mt, a day-on-day decrease of 1,290 mt (-8.10%).
Futures fluctuated downward today, spot prices dropped by 10-20 yuan/mt, and the futures market remained weak. Market sentiment turned bearish, with end-users primarily purchasing as needed, leading to a continued decline in overall trading volume.
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