[SMM HRC Daily Trading Volume] On December 25, the daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, Ningbo) surveyed by SMM totaled 15,350 mt, down 2,320 mt or 13.1% MoM.
The futures market fluctuated rangebound, and market trading sentiment weakened. Northern demand showed a more noticeable decline, leading to an overall drop in trading volume. However, overall levels remained high.
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