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Home / Metal News / [SMM HRC Daily Transactions] Futures Market Decline Halts, Spot Transactions Improve

[SMM HRC Daily Transactions] Futures Market Decline Halts, Spot Transactions Improve

iconJan 10, 2025 18:35
Source:SMM
[SMM HRC Daily Trading Volume] On January 10, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 15,470 mt, up 750 mt or 5.1% MoM. The futures market rebounded slightly, spot prices remained stable overall, and market trading sentiment improved compared to earlier this week. Low-price transactions performed well, and overall trading volume increased slightly MoM.

[SMM HRC Daily Trading Volume] On January 10, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 15,470 mt, up 750 mt or 5.1% MoM.

The futures market rebounded slightly within a narrow range, spot prices remained mostly stable, and market trading sentiment improved compared to earlier this week. Low-price transactions performed well, and overall trading volume increased slightly MoM.

For queries, please contact William Gu at williamgu@smm.cn

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

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