Publicado: Jan 19, 2024 18:49
[SMM Iron Ore Weekly] Looking ahead to next week, there is not much change in the overall supply of iron ore, and the main contradiction still lies in demand. According to SMM's tracking of blast furnace maintenance, the trend of a slight increase is expected to continue in the next three weeks. However, with the end of pre-holiday stocking, overall demand for iron ore is unlikely to increase significantly, which limits support for ore prices. Price fluctuations may be more influenced by news and macroeconomic factors. Considering the lack of strong stimulating policies in the near term, the overall market sentiment is cautious, and it is expected that iron ore prices may continue to fluctuate narrowly.

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[SMM Iron Ore Weekly] Looking ahead to next week, there is not much ch - Shanghai Metals Market (SMM)