【SMM HRC Daily Trading】Futures fluctuated rangebound, spot trading volume slightly decreased.

Published: Apr 18, 2025 18:09

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【SMM HRC Daily Trading】On April 18, the total daily trading volume of HRC from sample enterprises in four cities (Shanghai, Lecong, Tianjin, and Ningbo) monitored by SMM was 11,570 mt, down 1,310 mt or 10.2% MoM. Futures fluctuated rangebound today, while spot prices dropped by 10-20 yuan/mt. The market trading atmosphere remained weak, with end-users purchasing at low prices based on demand. The daily trading volume saw a slight decrease MoM.

【SMM HRC Daily Trading】On April 18, the total daily trading volume of HRC in SMM's four-city (Shanghai, Lecong, Tianjin, Ningbo) sample enterprises was 11,570 mt, down 1,310 mt or 10.2% MoM.

Today, futures fluctuated rangebound, while spot prices fell by 10-20 yuan/mt. The market trading atmosphere remained weak, with end-users purchasing at low prices based on demand, and daily trading volume decreased slightly MoM.

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