【SMM HRC Daily Trading】Futures fluctuated rangebound, spot trading volume slightly decreased.
【SMM HRC Daily Trading】On April 18, the total daily trading volume of HRC in SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 11,570 mt, down 1,310 mt (-10.2%) MoM.
Today, futures fluctuated rangebound, while spot prices dropped by 10-20 yuan/mt. The market trading atmosphere remained weak, with end-users purchasing at low prices based on demand. Daily trading volume slightly decreased MoM.

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