[SMM HRC Daily Transactions] On December 19, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 13,040 mt, up 120 mt or 0.9% MoM.
The futures market fluctuated downward, market trading sentiment slightly cooled, speculative demand nearly disappeared, and downstream end-users stayed on the sidelines, leading to weak HRC transactions.

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