[SMM Daily Trading Volume of Hot Rolled Coils] On July 31st, the total daily trading volume of hot rolled coils at SMM's three sample enterprises (Shanghai, Lecong, and Tianjin) amounted to 13,150 tonnes, representing a daily increase of 2,830 tonnes or 27.4% compared to the previous day.

The futures market fluctuated, and the overall trading atmosphere improved. Apart from end-users procuring goods as needed, some speculative demands emerged, resulting in average trading volumes of hot rolled coils.