[SMM HRC Daily Trading] On January 14, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 18,120 mt, down 1,130 mt (-5.90%) DoD.
The futures market continued its rebound, spot prices rose by 10-60 yuan/mt, and market trading sentiment further improved. However, purchasing enthusiasm was stronger yesterday, leading to a slight decline in trading volume by comparison.
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