[SMM HRC Daily Trading Volume] Futures Rose First, Then Fell; Spot Trading Volume Increased WoW
[SMM HRC Daily Trading Volume] On May 9, the combined daily trading volume of HRC among sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM was 11,800 mt, with a WoW increase of 1,890 mt, or 19.1%.
Today, futures rose first, then fell. Spot prices dropped by another 10-30 yuan/mt. The trading atmosphere in the market was moderate during the morning rally, but weakened somewhat in the afternoon. The daily trading volume increased WoW.
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