Publicado: Sep 6, 2023 07:40
Summary of SMM Iron and Steel Morning Meeting: Market competition may return to fundamentals, and short-term prices are expected to remain volatile. According to SMM statistics, the impact of blast furnace maintenance on iron ore this week was 779,100 tons, a decrease of 96,700 tons compared with last week. In terms of hot rolling, the impact of maintenance this week was 39,600 tons, a decrease of 63,900 tons compared with last week, and the impact of maintenance next week was 59,400 tons, an increase of 19,800 tons compared with this week. Demand has entered the verification period of Golden Nine and Silver Ten, but so far the performance of peak season is not obvious. Supported by high iron ore, iron ore prices are expected to remain strong.

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