Published: Mar 21, 2024 17:37

【SMM Daily Transaction】On March 21st, according to sample surveys, the daily transaction volume of construction steel in the Central China market was 24,910 tons, an increase of 2,480 tons compared to the previous day, an increase of 11.06%; among them, the proportion of direct supply decreased by 5.0 percentage points on a daily basis to 48.5%.

The market saw a rise in trading activity today, with increased enthusiasm. Specifically, trading of low-priced resources was strong in the morning, but fell back after a price adjustment in the afternoon. Overall, futures and spot transactions were the main focus, and the daily transaction volume increased compared to yesterday.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
【SMM Daily Transaction】On March 21st, according to sample surveys, the - Shanghai Metals Market (SMM)