Publicado: Oct 29, 2023 11:03
According to SMM, the Tangshan iron ore market has recently risen, influenced by the external shock, the miners' mentality has turned better, the willingness to support the price is strong, and the high-end mentality is firm, but some miners still consider the recent market to be volatile, considering the pressure of funds, and the main purpose is to return the funds; traders are more cautious in purchasing, steel mills are still strong in price reduction, and they dare not act rashly, and they mainly act according to the situation; considering the current high level of futures, the local iron ore resources are tight and difficult to change, the leading steel mills have the space to adjust and rise, and it is expected that the leading steel mills in the local area will have an upward space in the purchase price tomorrow.【SMM Iron Ore】

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