[SMM Hot-Rolled Coil Daily Trading Volume] Spot trading volume consolidates near the bottom.
[SMM Hot-Rolled Coil Daily Trading Volume] On July 16, the total daily trading volume of hot-rolled coil from sample enterprises in four SMM cities (Shanghai, Lecong, Tianjin, Ningbo) reached 12,620 mt, down 280 mt, or 2.3%, day-on-day, and up 9.36% YoY on a calendar basis while down 0.94% YoY on a lunar calendar basis.