SMM Hot Coil Daily Review: Intra-day coil prices fluctuate narrowly, spot market transactions are weak.

Today, prices in the East China market fluctuated narrowly compared to the previous day, with the afternoon prices in Shanghai around 3920-3930. Overall transactions were average, with some businesses quietly reducing prices to sell. In the South China region, Lecong market's afternoon price was 4010-4020, a 10 yuan/ton increase from the previous day. The market's overall transactions were weak, with traders holding out for higher prices, but some transactions were slightly better at lower prices. Today, the overall transactions in the northern market were weak. Tangshan's afternoon spot price was 3890, a decrease of 30 yuan/ton, and some traders reduced prices to make sales, with decent transactions. Shenyang's afternoon spot price was 3890, a 10 yuan/ton increase, with traders holding out for higher prices and almost no transactions.