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Home / Metal News / [SMM HRC Daily Transactions] Futures Fluctuate Rangebound, HRC Transactions Continue to Weaken

[SMM HRC Daily Transactions] Futures Fluctuate Rangebound, HRC Transactions Continue to Weaken

iconDec 26, 2024 17:57
Source:SMM
[SMM HRC Daily Trading Volume] On December 25, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 14,330 mt, down 1,020 mt or 6.6% MoM. The futures market continued to fluctuate rangebound, with a relatively average trading atmosphere. Transactions showed regional divergence, with northern demand remaining weak, and overall trading volume continued to decline.

[SMM HRC Daily Trading Volume] On December 25, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 14,330 mt, down 1,020 mt or 6.6% MoM.

The futures market continued to fluctuate rangebound, with a relatively average trading atmosphere. Transactions showed regional divergence, with northern demand remaining weak, leading to an overall decline in trading activity.

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