【SMM HRC Daily Trading】Futures First Fell Then Rose, Spot Trading Volume Increased Slightly
【SMM HRC Daily Trading】On April 11, the total daily trading volume of HRC in SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 12,700 mt, up 1,350 mt (+11.9%) WoW. Today, futures first fell then rose, while spot prices dropped by 20-30 yuan/mt. In some markets, fear of high prices still prevailed, making it difficult for overall procurement demand to increase significantly. Daily trading volume increased slightly WoW.

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