SMM HRC Daily Transactions
"[SMM HRC Daily Trading Volume] On March 14, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 17,930 mt, an increase of 1,150 mt or 1.2% day-on-day.
Futures continued to fluctuate upward today, with spot prices rising by 30 yuan/mt. The market saw active trading sentiment, end-users were actively making purchases, and some arbitrage demand entered the market, pushing daily trading volume to a new high."


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