Publicado: Dec 1, 2023 18:00
【SMM Iron Ore Weekly】Looking ahead, with the continuous increase in overseas shipping volume of iron ore in the past two weeks, the amount of iron ore arriving at ports has also shown a growth trend. Port inventories continue to accumulate, and iron ore supply is becoming more abundant. Meanwhile, iron production has entered a seasonal decline trend. The fundamental support for the ore price is weakening. In addition, with policy regulation suppression, there may be further downward space for iron ore prices. However, considering the strong market expectations for the important meeting in December, which may provide support for the ore price, it is expected that iron ore prices will fluctuate widely next week...

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【SMM Iron Ore Weekly】Looking ahead, with the continuous increase in ov - Shanghai Metals Market (SMM)