Publicado: Mar 29, 2024 18:06
【SMM Iron Ore Weekly Report】Looking ahead to next week, overseas shipping has minimal impact, with weekly shipping volumes relatively normal. Estimated port arrivals also maintain a moderate position. On the demand side, based on SMM's blast furnace tracking, the resumption of some blast furnaces in Shanxi will increase molten iron production, coupled with the approaching Qingming Festival holiday, there will be room for growth in overall iron ore demand. Considering the increased rainfall during the Qingming Festival period, which may affect construction material demand, a decrease in inventory clearance rate will once again affect market confidence; it is expected that the difficulty of a rise in iron ore prices next week will still be high, possibly continuing narrow fluctuations...

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【SMM Iron Ore Weekly Report】Looking ahead to next week, overseas shipp - Shanghai Metals Market (SMM)