The Price Difference Between High And Medium-Grade Iron Iron Ore To Widen After The Labour Day Holiday

Telah Terbit: Apr 28, 2023 17:01
Sumber: SMM
SHANGHAI, Apr 28 (SMM) – As steel prices are vulnerable to decline with the arrival of the off-season, steel mills’ profits will shrink further.

SHANGHAI, Apr 28 (SMM) – As steel prices are vulnerable to decline with the arrival of the off-season, steel mills’ profits will shrink further.

IOCJ fines may become more popular now that the price difference between high and medium-grade ore has narrowed, which in turn could cause the price difference between the two to widen after the Labour Day holiday. The price difference between medium and low-grade ore may be relatively stable.

Before the holiday, the price difference between high and medium-grade ore narrowed further, while that between medium and low-grade ore widened slightly. 

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The Price Difference Between High And Medium-Grade Iron Iron Ore To Widen After The Labour Day Holiday - Shanghai Metals Market (SMM)