Spread Between High and Medium-grade Iron Ores to Expand

Telah Terbit: Mar 28, 2023 15:52
Sumber: SMM
Considering the high cost efficiency of IOCJ and the high inventory of Indian low-grade ore at ports, it is expected that the demand for high-grade and low-grade ores will increase this week.

SHANGHAI, Mar 28 (SMM) - Considering the high cost efficiency of IOCJ and the high inventory of Indian low-grade ore at ports, it is expected that the demand for high-grade and low-grade ores will increase this week. Accordingly, the spread between high and medium-grade ores will grow, while that between medium and low-grade ores will shrink.

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Spread Between High and Medium-grade Iron Ores to Expand - Shanghai Metals Market (SMM)