SMM Steel Morning Meeting: HRC Futures Rise Narrowly, Spot Market Prices Increase Slightly

Published: Jan 16, 2025 08:59

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[SMM Steel Morning Meeting Summary] Yesterday, the HRC futures market continued to rise, but the increase narrowed. By the afternoon close, it reached 3,417 yuan/mt, up 0.92%. In the spot market, mainstream city quotations were slightly raised by 10 yuan/mt, price fluctuations slowed, end-user sentiment turned cautious again, and daily transactions were average.

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