Telah Terbit: Dec 14, 2023 10:22
Looking at the import profit statement of the SMM, the landed profit of imported ore continues to decline, and the loss of multiple varieties intensifies. In terms of the news, the Central Economic Conference has ended, and the content of the conference is lower than the market expectations, causing a slight downturn in market sentiment. Yesterday's market saw a slight decline. On the fundamental side, the blast furnace iron production volume at steel mills has shown an increasing trend this week compared to last week, and with the approach of New Year's Day, there is a certain expectation of stock replenishment at steel mills, which may provide some support to the ore price and drive up the spot price of iron ore. On the whole, it is expected that the profit of imported ore may have some potential for recovery.

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