Telah Terbit: Jan 2, 2024 07:45
SMM Steel Morning News Summary: First round of coke price increase after the holiday may be initiated. The widespread price increase in the Liaoxi steel plants has driven market activity. Low-price resources are now hard to find. Following the price hike in Jianping area, last Friday, Chaoyang and Beipiao raised their quotes. Traders reported cautious purchasing due to previous inventory, leading to reluctance to enter the market at high prices. Despite high quotations, actual ore trading is relatively weak. The local market is in a wait-and-see phase. Overall, it is expected that local iron powder prices may continue to fluctuate at high levels.

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SMM Steel Morning News Summary: First round of coke price increase aft - Shanghai Metals Market (SMM)