【SMM Daily Transaction Volume of Hot Rolled Steel Coil】On May 29th, the daily transaction volume of hot rolled steel coil of SMM's three cities (Shanghai, Lecong, Tianjin) sample enterprises totaled 10,950 tons, a daily increase of 450 tons, +4.3%.

The futures market fluctuated at a low level, with some recovery at the end of the trading day. The market sentiment was cautious, and most purchases were made on demand. However, some traders reduced their prices to sell, so the transaction volume of hot rolled steel coil was average but improved compared with the previous day.