【SMM Hot Roll Daily Transaction】On May 17th, the total daily transacti

Published: May 17, 2024 17:34

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【SMM Hot Roll Daily Transaction】On May 17th, the total daily transaction volume of hot rolls in SMM's three-city (Shanghai, Lechong, Tianjin) sample enterprises was 15,650 tons, down 3,280 tons (-17.3%) from the previous day.

Affected by the decrease of 0.25 percentage points in the interest rate of personal housing provident fund loans, the futures market continued to rise. However, as downstream demand has been released before, procurement enthusiasm has decreased, and the transaction volume of hot rolls is general.

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.

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