Publicado: Mar 1, 2024 18:33
【SMM Iron Ore Weekly Report】Looking ahead to next week, some blast furnaces in the northern region are planned to resume production, and iron production is expected to continue to increase. The fundamentals of iron ore itself still provide support. However, with the demand for finished products just entering the peak season, the current weak sales and construction conditions in the real estate sector are expected to make it difficult for construction materials to see significant improvement in demand. Inventory is continuing to accumulate, suppressing the price of iron ore. Additionally, considering the end of the "two sessions" next week, it is expected that there will be limited major policy changes in the short term, and the price of iron ore is likely to continue to fluctuate within a narrow range without major breakthroughs.

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