Publicado: Oct 27, 2023 18:15
"SMM Iron Ore Weekly Report: Overseas shipments are in peak season next week, with shipments and arrivals at high levels. Although steel mill purchasing intentions are weak, current steel mill losses are still within acceptable limits, blast furnace repairs have not increased significantly, and iron ore output is still high. The overall demand for iron ore is good, coupled with low port inventories, the fundamentals still have strong support for ore prices. However, near the heating season, environmental protection and production restrictions are increasing, coupled with steel mill losses, some steel mills may repair blast furnaces in advance, and iron ore output may still drop. Considering the impact of macro policies and news, it is expected that ore prices will fluctuate narrowly next week."

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"SMM Iron Ore Weekly Report: Overseas shipments are in peak season nex - Shanghai Metals Market (SMM)