Publicado: Mar 21, 2024 07:40
【SMM Steel Morning News Summary: The Sixth Round of Coke Price Increases Has Been Implemented, and Coking Coal Prices Continue to be Under Pressure】 The market sentiment in Tangshan iron powder market is gradually rising. The local dominant steel mills in Tangshan have raised their purchase prices by 10 yuan/ton, combined with the recent fluctuation and upward trend of iron ore futures, boosting the confidence of manufacturers in the Tangshan area. Most middlemen have started to be bullish on the future market and have started to sell their products, while a minority of manufacturers believe that the current rebound is only temporary and there is still a risk of decline, therefore they are mainly in a wait-and-see attitude, with slightly increased market transactions. Considering the recent rebound in overseas futures, local steel mills have expectations for price increases, and it is expected that the market may have a small upward space.

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【SMM Steel Morning News Summary: The Sixth Round of Coke Price Increas - Shanghai Metals Market (SMM)