Publicado: Apr 29, 2024 16:33
Today, the iron ore price market continued its weak and volatile trend. The main contract closed at 874.5, with a daily decline of 0.51%. Traders generally had a moderate willingness to sell their stocks; steel mills have basically completed replenishing their inventories, and the sentiment of waiting and seeing has intensified. Overall, the market trading atmosphere was average today. In Shandong, the transaction price of PB powder ranged from 870 to 875 yuan per ton, which was relatively stable compared to yesterday's price. Last week, the total shipment volume of iron ore in SMM's global market reached 31.71 million tons, a decrease of 4.3% compared with the previous week. China's total arrivals of iron ore increased significantly by 24.55% from the previous week, returning to a high level. .......

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Today, the iron ore price market continued its weak and volatile trend - Shanghai Metals Market (SMM)