【SMM HRC Daily Trading】Futures Pulled Back Again, Spot Trading Volume Decreased Significantly
【SMM HRC Daily Trading】On April 24, the total daily trading volume of HRC in SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 10,640 mt, down 5,480 mt, or 34% MoM.
Today, HRC futures declined in a stepwise manner, while spot prices dropped by 10-40 yuan/mt. Futures weakened again, and market sentiment turned cautious, leading to a significant MoM decrease in daily trading volume.
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