Publicado: Sep 8, 2023 07:40
Summary of the SMM Steel Morning Meeting: Pay attention to the subsequent changes in steel mill profits and finished product demand. In the short term, ore prices are expected to be volatile and strong. Yesterday, the news was volatile, and it was rumored that relevant departments of the state and key futures companies held a meeting to analyze and judge the market and price trend of iron ore. The market was in panic, and the iron ore market continued to weaken. However, at present, no specific information has been released from the meeting, and the pessimistic mentality may be digested in the short term. At present, the market is gradually entering the peak season. The marginal improvement of finished product demand compared with the same period of last year is generally average. Subsequently, we still need to pay attention to the changes in steel mill profits and finished product demand. It is expected that ore prices will be volatile and strong in the short term.

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