Premiums of Lump and Pellet to Fall amid Port Inventory Accumulation

Telah Terbit: Apr 7, 2023 15:59
Sumber: SMM
The demand for lump has gradually weaken, and the profit of steel mills is sluggish. Therefore, demand for lump and pellets can hardly pick up.

The demand for lump has gradually weaken, and the profit of steel mills is sluggish. Therefore, demand for lump and pellets can hardly pick up.

With continuous accumulation of lump and pellet inventories at ports, premiums of lump and pellet are expected to fall further.

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Premiums of Lump and Pellet to Fall amid Port Inventory Accumulation - Shanghai Metals Market (SMM)