Publicado: Oct 23, 2023 17:45
According to SMM, last Saturday, the tax-included acceptance price of 64-grade alkaline powder dry base of Luzhong Mining in Shandong rose by 15 yuan/ton to 984 yuan/ton. Most of the mining companies are operating normally, but the overall supply is still tight, and most of them are sold out without inventory operation. Recently, the external market is weak and volatile, and steel mills may reduce the purchase price of fine powder due to costs and profits. The supply and demand in Shandong market is still tight, which will provide certain support to the price, but overall, the local iron powder price is greatly affected by imported ore, and it is expected that the price will be weak in the short term.【SMM Iron Ore】

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