【SMM Daily Transaction Volume of Hot-rolled Coils】On July 1, the total daily transaction volume of hot-rolled coils in the three cities (Shanghai, Lecong, and Tianjin) of SMM sample enterprises was 12,150 tons, representing a daily decrease of 2,010 tons, or 14.2%.

The futures market saw volatility and strengthening, with a moderate market trading atmosphere. Downstream demand for goods has increased, and the transaction of hot-rolled coils is generally satisfactory.