Publicado: Jan 22, 2024 10:18
Regarding the import profits of SMM, the losses from imported ore have shown some recovery. From a fundamental standpoint, SMM has tracked a total of 123.27 million tons of inventory across 35 ports, with a month-on-month increase of 430,000 tons and a year-on-year increase of 5.16 million tons. The average daily import of ore has increased by 59,000 tons to 3.06 million tons compared to the previous period, but has decreased by 53,000 tons year-on-year. In the recent period, there has been a significant decline in iron ore prices, combined with the repair of steel mill profits. Some steel mills have accelerated their restocking pace, which has led to an increase in port imports. There is still an expectation of an increase in iron production, and the warming of iron ore prices is likely, thus it is anticipated that the import ore profits will recover in the near future.

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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