【SMM Hot Roll Daily Transaction】On May 21st, the total daily transaction volume of hot rolls from SMM’s sample enterprises in three cities (Shanghai, Lechong, Tianjin) reached 14,660 tons, a daily decrease of 80 tons (-0.5%) from the previous day. Futures prices did not increase significantly, and some market participants held pessimistic expectations, while downstream terminals purchased on demand. The market transaction atmosphere was slightly below average, and the transaction volume of hot rolls was average.
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