[SMM Daily Transaction Volume of Hot-rolled Coils] On July 12, the total daily transaction volume of hot-rolled coils in the sample enterprises of SMM's three cities (Shanghai, Lecong, and Tianjin) reached 12,230 tons, a daily decrease of 1,030 tons, or -7.8%.

The futures market fluctuated, with a moderate trading atmosphere. Downstream procurement enthusiasm was still present, and the transaction of hot-rolled coils was average.