Publicado: Dec 28, 2023 10:23
Looking at the import profit statement of SMM, the profit from imported ore has once again slightly increased; from a fundamental perspective, the recent environmental protection restrictions and increased maintenance of blast furnaces in the North China region have led to a continued downward trend in molten iron production. However, considering the short duration of the production restrictions, it is expected that production will gradually resume next week, leading to a significant increase in molten iron production. In the short term, the fundamental outlook for iron ore is weakening, but there is still strong demand, and pre-holiday stockpiling will also increase demand for iron ore, providing some support to ore prices. It is expected that import ore profits will continue to fluctuate at high levels in the short term.

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

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