【SMM Daily Review of Threaded Steel: Favorable Macro Conditions Contin

Published: May 17, 2024 18:12

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【SMM Daily Review of Threaded Steel: Favorable Macro Conditions Continue, Spot Prices Rise Further】The futures market for threaded steel saw a high-level volatile rise to close at 3716 points, an increase of 1.34% compared to the previous trading day. The spot market continued the upward trend seen yesterday, with prices increasing by 10-60 yuan per ton. However, the market has shown some caution due to high prices, resulting in actual transactions being less than those of the previous day.

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