SMM Daily: Narrow Fluctuations in Hot-Rolled Steel Futures & Cautious End-User Purchasing

Published: Oct 31, 2024 17:39

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[SMM Daily Commentary on Hot-Rolled Steel: Narrow Fluctuations in Hot-Rolled Coil Futures and Spot Prices, Cautious Purchasing by End-Users] Today, hot-rolled coil futures experienced narrow fluctuations, with the main contract closing at 3587 at the end of the session, down by 0.14%. In the spot market, transaction volumes in most markets were relatively weak, and end-users were cautious in their purchasing.

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