Telah Terbit: Sep 26, 2023 07:35
Summary of SMM Steel Morning Meeting: Steel Prices Continue to Fall, Pre-holiday Stock-up Demand Less Than Expected. According to SMM shipping data, this week's global shipment and arrival volume showed a sharp decline, and supply increased less than expected. At the same time, the pre-holiday stock-up is nearing its end, and iron ore demand has seen a top-down reversal. Combined with the lack of obvious improvement in terminal demand after entering the peak season, the overall market sentiment is weak. But the output of pig iron is at a high level, and port stocks are lower than in previous years...

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