Telah Terbit: Feb 21, 2024 10:11
According to the SMM import ore profit table, import ore profits have seen a substantial decline; According to SMM statistics, the impact of iron water brought about by blast furnace maintenance this week (February 17th to February 23rd) was 1.7506 million tons, an increase of 52,600 tons compared to last week's maintenance impact. The impact of iron water brought about by blast furnace maintenance next week (February 24th to March 1st) will be 1.7246 million tons, a decrease of 26,000 tons compared to this week. Although the third round of coke price cuts and slightly improved profits for steel mills, they are still in a loss-making state, and the production of iron water in steel mills is decreasing rather than increasing. Combined with the recent blizzard impact, sluggish downstream demand, and pessimistic market sentiment, ore prices are expected to sharply decline, and import ore profits are likely to continue to decline.

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