【SMM HRC Daily Trading Volume】Futures in the doldrums, spot restocking falls short of expectations
【SMM HRC Daily Trading Volume】On May 6, the combined daily trading volume of HRC among sample enterprises in SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) totaled 9,810 mt, with a day-on-day increase of 650 mt, or +7.1%.
Today, futures are in the doldrums, while spot prices remain stable on a WoW basis. During the holiday, trading performance in some markets was moderate. After the holiday, with weak futures, market enthusiasm for restocking was poor, and daily trading volume fluctuated rangebound on a WoW basis.
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