【SMM HRC Daily Trading】Futures fluctuated rangebound, and spot trading volume also saw minor fluctuations.
【SMM HRC Daily Trading】On April 15, the total daily trading volume of HRC from SMM's sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) was 10,680 mt, down 450 mt (-4.0%) MoM.
Today, futures fluctuated rangebound, while spot prices dropped by 10 yuan/mt. Recent fluctuations in the futures market have been relatively small, and spot trading sentiment remained moderate. End-users maintained a wait-and-see attitude, and daily trading volume continued to decline MoM.
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