【SMM HRC Daily Trading】Futures fluctuated rangebound, spot trading volume slightly decreased.
【SMM HRC Daily Trading】On April 18, the daily trading volume of HRC from SMM's sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 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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