【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.
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