SMM HRC Daily Transactions Decline as Futures Weaken and Market Sentiment Turns Cautious

【SMM HRC Daily Transactions】Futures Continued to Weaken, Spot Transactions Continued to Decline

【SMM HRC Daily Trading】On March 28, the total daily trading volume of HRC in SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 11,270 mt, a daily decrease of 3,110 mt, -21.6%. Today, futures fluctuated downward, spot prices remained stable, futures continued to weaken, market sentiment became increasingly cautious, the trading atmosphere weakened again, and daily trading volume decreased.