Telah Terbit: Aug 10, 2023 07:30
Summary of SMM Steel Morning Meeting: CPI Data Retreats and Raw Material Transactions Cool Down. Yesterday, iron turned from weak to strong, and the main contract I2401 finally closed at 723, with a daily increase of 0.07%. Some merchants' quotations were relatively firm, and steel mills still mainly purchased on demand. Yesterday, the overall transaction atmosphere in the market was still general. PB powder transaction prices in Shandong were concentrated at 835 yuan/ton, down 10-15 yuan/ton from yesterday's prices. PB powder transaction prices in Tangshan were concentrated at 837-842 yuan/ton, up 2-7 yuan/ton from yesterday's prices.

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