Telah Terbit: Feb 2, 2024 09:43
SMM's imported ore profit outlook continues to improve; from a fundamental perspective, the apparent demand for building materials continues to decline significantly in the near term, and inventory accumulation continues to increase. Considering the recent impact of rain and snow weather nationwide, it is expected that the demand for building materials will continue to decline. Terminal demand is at a low level, and inventory accumulation pressure is increasing. Furthermore, approaching the end of the year, steel mill replenishment is basically completed, and short-term ore prices are weak, with the potential risk of a weakening in imported ore profits.

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SMM's imported ore profit outlook continues to improve; from a fundame - Shanghai Metals Market (SMM)