【SMM Hot Roll Daily Dealings】On June 5th, the total daily trading volume of hot rolls for SMM’s three-city (Shanghai, Lecong, Tianjin) sample enterprises was 10,820 tons, a decrease of 1,900 tons (-14.9%) compared with the previous day.
The futures market continued to decline, driving the spot prices weaker. Downstream terminals continued to wait and see, and the trading of hot rolls was weak.

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