Iron Ore Prices Fluctuate Positively Amid Improved Market Sentiment and High Steel Exports

게시됨: Aug 27, 2024 17:02
Iron ore prices fluctuated on the strong side today. Traders remained relatively active in shipments. There were fewer inquiries from steel mills, and some steel mills had bidding plans. The overall trading atmosphere in the market today was average. Transaction prices rose by 5-10 yuan/ton compared with yesterday. With a slew of macroeconomic news recently, market sentiment has improved. Coupled with steel exports remaining at a high level, prices of all ferrous metal varieties rebounded. Considering that steel demand is still expected to improve marginally, it is expected that iron ore prices will mainly fluctuate on the strong side...

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Iron ore prices fluctuated on the strong side today. Traders remained - Shanghai Metals Market (SMM)