[SMM HRC Daily Transactions] On March 21, the combined daily HRC trading volume of sample enterprises in four SMM cities (Shanghai, Lecong, Tianjin, and Ningbo) was 11,790 mt, a decrease of 3,530 mt from the previous day, or -23.0%.
Today, futures fluctuated rangebound, and spot prices remained stable. Yesterday, market transactions increased, but today's futures market lacked stimulus, leading to a slowdown in trading, with a noticeable decline in daily transactions.
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