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Home / Metal News / [SMM HRC Daily Transactions] Futures Show Weak Trend, Spot Transactions Increase Slightly

[SMM HRC Daily Transactions] Futures Show Weak Trend, Spot Transactions Increase Slightly

iconMar 18, 2025 18:17
Source:SMM
[SMM HRC Daily Trading] On March 18, the daily trading volume of HRC sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) monitored by SMM totaled 14,340 mt, an increase of 1,510 mt or 11.8% day-on-day. Today, futures showed a weak trend, spot prices dropped by 10-20 yuan/mt, market trading sentiment improved to some extent, low-price transactions in the market were moderate, and daily trading volume increased.

[SMM HRC Daily Trading] On March 18, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 14,340 mt, up 1,510 mt or 11.8% day-on-day.

Today, HRC futures showed a weak trend, spot prices dropped by 10-20 yuan/mt, and the market trading atmosphere improved to some extent. Low-price transactions in the market performed moderately, leading to an increase in daily trading volume.

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