Publicado: Oct 30, 2023 22:01
According to SMM, this week, Luzhong 64 grade alkaline powder dry base pre-tax acceptance of mining in Shandong reported 986, up 2 yuan/ton, with a small adjustment, no obvious impact on market prices. Steel mills are still in loss, cost control is still the main operation to maintain low inventory, mostly purchase on demand; most mining enterprises are operating normally, maintaining the state of production and delivery, most of them without accumulation, supply is relatively stable, but difficult to increase; currently in Zaozhuang area, some of the order executors are mainly executing the previous orders, with few new contracts; in the short term, the supply and demand stalemate in Zaozhuang market is difficult to change, considering the impact of imported ore on prices, it is expected that local prices will have room to rise this week.【SMM Iron Ore】

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