Publicado: May 10, 2024 18:20
[SMM Iron Ore Weekly Report] In the next week, iron ore supply will be in a peak season, and global shipment volume will remain high. The volume of arrivals may increase significantly. Port inventory may accumulate again. Supply is still loose. In terms of demand, according to the blast furnace maintenance data tracked by SMM, some blast furnaces are still planned to resume production, and the daily pig iron production will still increase by about 20,000 tons. Both supply and demand are strong, and there is not much contradiction in iron ore itself. The iron ore price fluctuates with the finished product. Taking into account the recent continuous contraction of steel mills' profits, which may压制the steel mills' purchase rhythm, it is expected that the iron ore price will fluctuate widely in the next week...

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[SMM Iron Ore Weekly Report] In the next week, iron ore supply will be - Shanghai Metals Market (SMM)