Publicado: Mar 22, 2024 07:07
【SMM Steel Morning Meeting Minutes: Turning Point in Building Materials Inventory, Market Confidence Slightly Restored】Trading in the Liaoxi iron powder market continues to improve, with the local 66-grade wet basis ex-factory price at 710-720 yuan/ton excluding taxes. Local leading steel mills are estimated to increase tender prices, and both buyers and sellers are hoping for a price increase. Those with lower inventory intend to raise prices before taking goods, pushing up offer prices. However, it is expected that the proposed price increase will not meet the psychological expectations of the mine selection end, with most holding a wait-and-see attitude. Currently, there is a slight improvement in demand in the Liaoxi region, and with the support of futures and linked markets, local iron powder prices have some upward potential.

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