【SMM HRC Daily Transaction】Futures fluctuated downward, spot cargo transactions remained weak.
【SMM HRC Daily Trading】On March 31, the total daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM was 11,480 mt, up 210 mt or 1.9% day-on-day. Futures fluctuated downward today, and spot prices dropped by 10-30 yuan/mt. The futures market declined in the afternoon, and the spot trading atmosphere was weak, with daily trading fluctuating rangebound.

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