Publicado: Feb 20, 2024 07:45
SMM Iron and Steel Morning meeting minutes: Post-holiday coke production gradually resumes, third round of coke price cuts settled. Tangshan iron powder market is significantly higher. Production enterprises in various regions of Tangshan have gradually resumed work. Most selected factories are considering the post-holiday replenishment demand of steel companies, and are optimistic about the market's upward trend. As for the production side of the mining selection, with the resumption of production, the supply has improved to some extent, but overall, resources are still in a relatively tight state. In terms of demand, steel mills have an expectation of stock replenishment, but the trend of the first day after the holiday is weak, which may have a negative impact on the iron ore prices. Steel mills have price pressure expectations. Overall, it is expected that the local iron powder prices may remain in a state of fluctuation.

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SMM Iron and Steel Morning meeting minutes: Post-holiday coke producti - Shanghai Metals Market (SMM)