Publicado: Oct 18, 2023 10:25
According to SMM, Tangshan area started environmental protection level two warning last weekend, all local mining and selection stopped production for maintenance, it is expected to resume production tomorrow, combined with the lack of raw material resources and further tightening of local spot resources, the black system futures rose across the board, market sentiment was boosted, mining and selection quotations were strong; traders mostly watched the market, steel mills still suffered losses, some steel mills had maintenance, replenishment rhythm was slow; overall, the market supply and demand was weak, considering the focus on stage replenishment of steel enterprises, as well as the influence of futures, it is expected that prices will have some upward space in the near future.【SMM Iron Ore】

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