SHANGHAI, Jul 6 (SMM) – Looking into July, both negative and positive factors have been priced in. Shipments from Australia and Brazil will remain high, which will keep future supply abundant. According to steel mills’ maintenance plans, the output of pig iron will remain relatively high, thus iron ore supply- demand imbalance is unlikely to be prominent. Market should be alert to whether regulators will tighten supervision after big price gains. Changes in steel mills’ profits and off-season for steel market also deserve attention. SMM sees imported iron ore prices rising initially and then falling back in July.
More popular news
Daily LME Base Metals Inventory Changes
Daily Updates on SHFE Base Metals and Stainless Steel Warrants, With Nickel Critically Low
China's June Official Manufacturing PMI Contradicts Caixin PMI
China To Impose Controls On Exports Of Gallium And Germanium
![Los precios del magnesio suben por tercera sesión consecutiva: el lado de los costos sigue "ardiendo" mientras la demanda lucha por tomar el relevo [Comentario de SMM]](https://imgqn.smm.cn/usercenter/EutUV20251217171724.jpeg)
![[SMM inventario de carbón coquizable y coque] Esta semana, el inventario de coque en las empresas coquizadoras fue de 449.000 toneladas](https://imgqn.smm.cn/usercenter/EXHJE20251217171720.jpg)
