NewsFlash / Steel / SMM HRC Daily Trading: Futures Decline, Daily Spot Trading Volume Drops by 34%
SMM HRC Daily Trading: Futures Decline, Daily Spot Trading Volume Drops by 34%
iconApr 24, 2025 17:35
Source:SMM
【SMM HRC Daily Trading】Futures Pulled Back Again, Spot Trading Volume Significantly Decreased 【SMM HRC Daily Trading】On April 24, the total daily trading volume of HRC in SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 10,640 mt, down 5,480 mt, or 34% MoM. Today, HRC futures experienced a stepwise decline, with spot prices dropping by 10-40 yuan/mt. Futures weakened again, and market sentiment shifted towards a wait-and-see approach, leading to a significant MoM decrease in daily trading volume.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All