[SMM Iron and Steel Morning Meeting Summary: Strong Expectations vs We

Published: Jun 19, 2024 07:35

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[SMM Iron and Steel Morning Meeting Summary: Strong Expectations vs Weak Reality, Spot Prices Difficult to Have a Clear Direction] Yesterday, the steel futures market experienced a volatile decline, closing at 3613 points, which was flat compared with the previous trading day. In the spot market, some market prices rose slightly in the morning, but the market sentiment was more cautious. In the afternoon, the market price fell back, and the actual transaction prices were basically flat with the closing price of the previous day.

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