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【SMM HRC Daily Trading】On April 1, the total daily trading volume of HRC in SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 18,490 mt, a daily increase of 7,010 mt, up 61.1%.
Today, futures continued to rise, and spot prices increased by 10-20 yuan/mt. The spot trading atmosphere improved significantly, with speculative buying the dip demand emerging, leading to a substantial increase in daily trading volume.
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