Publicado: Mar 29, 2024 09:20
According to the profit and loss statement of imported ore from SMM, the profit of imported ore remains basically flat; from the steel demand and inventory data released yesterday, the demand and inventory of building materials exceed expectations. However, the destocking of hot rolled coils during the peak season has significantly narrowed, dragging down market confidence; overall market sentiment remains pessimistic. Looking at the ten varieties of imported ore from SMM in major ports, the inventory at main ports is still in a state of accumulation, suppressing the price of iron ore. It is expected that in the short term, the ore price will be difficult to be driven upward, continuing to operate weakly and fluctuate. It is expected that the profit of imported ore will still have downward space.

Declaración de Fuente de Datos: Excepto la información disponible públicamente, todos los demás datos son procesados por SMM basándose en información pública, comunicación de mercado y confiando en el modelo de base de datos interna de SMM. Son solo para referencia y no constituyen recomendaciones para la toma de decisiones.

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According to the profit and loss statement of imported ore from SMM, t - Shanghai Metals Market (SMM)