Telah Terbit: Mar 7, 2024 10:13
According to SMM's import ore cost profit, the import ore profit has slightly declined; SMM's latest statistics show that the blast furnace operating rate is 89.45%, up 0.15% month-on-month. The blast furnace capacity utilization rate is 90.64%, down 0.1% month-on-month. The average daily pig iron production of sample steel mills is 2.1663 million tons, down 0.24 million tons month-on-month. This week, there are still blast furnace maintenance plans reported in Hebei, Liaoning, and Yunnan provinces. Apart from a few steel mills that are planned for maintenance, most steel mills mainly reduce production due to poor demand. It is difficult to increase pig iron production in the short term, which suppresses the rise in iron ore prices. However, positive macroeconomic news has been released again today, slightly improving market sentiment. As a result, short-term ore prices may experience a slight rebound, and import ore profits may also rebound slightly.

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