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Home / Metal News / [SMM HRC Daily Transactions] Futures Market Fluctuated Downward, HRC Transactions Decreased MoM

[SMM HRC Daily Transactions] Futures Market Fluctuated Downward, HRC Transactions Decreased MoM

iconDec 31, 2024 17:49
Source:SMM
[SMM HRC Daily Trading Volume] On December 31, the daily trading volume of HRC sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 12,830 mt, down 2,350 mt (-15.5%) DoD. The futures market fluctuated rangebound, with a generally lukewarm trading atmosphere. Due to the temporary holiday and weaker futures, market sentiment turned cautious, leading to an overall decrease in trading volume MoM.

[SMM HRC Daily Trading Volume] On December 31, the daily trading volume of HRC sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 12,830 mt, down 2,350 mt (-15.5%) MoM.
The futures market fluctuated rangebound, with a generally moderate trading atmosphere. Due to the temporary holiday and weaker futures, market sentiment turned cautious, leading to an overall decrease in trading volume MoM.

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