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SMM reported that the market quotation for hot-rolled coil in the morning of May 25 dropped 20 yuan/mt compared with the prior day.
The current quotation of Shagang is 3,750-3,760 yuan/mt, and the mainstream quotation is 3,750 yuan/mt.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn