Publicado: Jan 3, 2024 10:22
Looking at the import profit statement of SMM, the profit from imported ore has decreased again due to the increase in cost caused by the rise in Platts average price at the beginning of the month. From a fundamental perspective, SMM shipping data shows that the global iron ore shipping volume was 35.49 million tons, a slight increase of 1% compared to the previous period. The volume arriving at the port increased significantly by 21.49% to 280.88 million tons. With the end of some blast furnace maintenance, iron production is expected to increase. Additionally, market sentiment was boosted by news of a shipping accident involving Australian iron ore over the weekend. Looking ahead, there is a strong expectation in the market for steel mills to replenish their stocks, and it is anticipated that imported ore profits may be restored.

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.

Para cualquier consulta o para obtener más información, por favor contacte: lemonzhao@smm.cn
Para más información sobre cómo acceder a nuestros informes de investigación, contacte con:service.en@smm.cn
Looking at the import profit statement of SMM, the profit from importe - Shanghai Metals Market (SMM)