Publicado: Jan 4, 2024 07:45
SMM Steel and Iron Morning News: Short-term coke market may run weakly. The Tangshan iron powder market is running steadily. As of now, environmental control has not been lifted, and mineral processing plants in many areas are in a state of shutdown, leading to tight spot supply and strong bullish sentiment in the ore selecting end. Considering that most local production plants are independent, the prices of low-grade iron powder have also risen to a relatively high extent. The cost supports the prices of high-grade iron powder. Considering the strong post-holiday trends in the bay area, steel mills may be forced to increase bid prices again. However, considering the pressure on steel mill profits, the upward space is limited. It is expected that the iron powder prices may fluctuate at high levels in the near future.

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SMM Steel and Iron Morning News: Short-term coke market may run weakly - Shanghai Metals Market (SMM)