Iron Ore Prices Forecast to Fluctuate Slightly Next Week: Stable Shipments, Slight Decline in Port Arrivals, and Modest Demand Growth

게시됨: Nov 29, 2024 18:05
[SMM Iron Ore Weekly Report] Looking ahead to next week, global shipments are expected to remain stable without seasonal disruptions. Considering the impact of domestic rain and snow, the unloading efficiency at some ports is expected to decline, leading to a slight decrease in port arrivals. Demand side, some steel mills are expected to resume production after blast furnace maintenance, leading to a potential increase in pig iron output. However, due to the off-season and environmental protection-driven production restrictions, the growth may be limited. Overall, iron ore demand is expected to rise slightly. From a macro perspective, the market anticipates a Politburo meeting next week, with strong policy expectations. In summary, iron ore prices are expected to show a slight fluctuating trend next week...

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[SMM Iron Ore Weekly Report] Looking ahead to next week, global shipme - Shanghai Metals Market (SMM)