Publicado: Jul 24, 2024 09:56
According to SMM's import mine cost-profit statement, the profits of imported mines have fallen sharply. According to SMM statistics, the impact of blast furnace maintenance on molten iron this week (from July 20 to July 26) is 1.0885 million tons, an increase of 64,100 tons compared with last week. Due to the recent switch of new and old national standards for rebar, the market selling off has worsened, and panic sentiment has intensified, leading to a significant decline in the price of rebar. Steel mills are suffering from increased losses, and some steel mills have increased their blast furnace maintenance plans in August. The decline in molten iron output has dragged down the demand for iron ore. Combined with the disappointment of macroeconomic expectations, ore prices have fallen sharply. In the short term, the market is expected to be dominated by weak fluctuations, and the profits of imported mines are likely to be weak and volatile.

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 SMM's import mine cost-profit statement, the profits of i - Shanghai Metals Market (SMM)