【SMM Daily Transaction Volume of Hot-Rolled Steel Coil】On June 26th, t

Published: Jun 26, 2024 17:27

Save

【SMM Daily Transaction Volume of Hot-Rolled Steel Coil】On June 26th, the daily transaction volume of hot-rolled steel coil in the three cities (Shanghai, Lecong, Tianjin) sampled by SMM was 13,140 tons, with a daily increase of 3,970 tons, +43.3%. The futures market strengthened, and the market transaction atmosphere was moderate. The transaction volume of hot-rolled steel coil increased significantly from the previous day, but the transaction was mainly based on low prices, and downstream still had concerns.

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

49 mins ago

MMi Daily Iron Ore Report (September 2)

Iron ore futures traded softer today. The DCE most-active contract I2701 settled at RMB 714.0/mt, down 1.11% from the previous trading day.

49 mins ago

54 mins ago

Magnesium Prices Rise for Three Consecutive Sessions! Cost Side Remains "Burning Hot" While Demand Side Struggles to Take Over [SMM Commentary]

54 mins ago

2 hours ago

[ Canada to Impose 50% Retaliatory Tariff on US Steel ]

The Canadian government announced a 50% retaliatory tariff on United States exports of steel and aluminum, scheduled to take effect on September 8, 2026. The aggressive trade measure directly responds to the recent collapse of bilateral metal trade negotiations and the implementation of US tariffs. The cross-border penalties threaten to heavily disrupt integrated North American steel supply chains ahead of the fast-approaching deadline.

2 hours ago