Telah Terbit: Apr 15, 2024 18:23
Domestic Iron Ore Market: Shandong region's fine powder prices have been relatively strong and fluctuating this week. The main local mine in Shandong has accepted an offer of 900 yuan/ton for 64% alkali powder on a dry basis, an increase of 57 yuan/ton. Normal production is the main focus at the mining front, with stable production levels. Some mines are showing signs of reluctance to sell, possibly due to strong expectations of a price increase in the near future and active buying from steel companies. Mining companies are striving for maximum profit, awaiting further price developments.

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