Publicado: Jul 19, 2024 18:01
[SMM Weekly Report on Iron Ore] Looking forward to the next week, overseas mine shipments are still in their peak season, and the shipment volume may rebound. However, the decrease in overseas shipments in early July may lead to a reduction in the arrival volume. From the perspective of demand, pig iron production may increase slightly, supporting the demand for iron ore. In addition, it is expected that the market's interpretation of the meeting content and the news of the US presidential election may interfere with market sentiment next week. Coupled with the fact that the industry is in a slack season, it is expected that iron ore prices will continue to maintain a weak and volatile trend...

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