Iron Ore Imports Profit Margins Rise Slightly, Shipments and Arrivals Increase

게시됨: Dec 31, 2024 09:24
According to the SMM imported ore cost-profit table, imported ore profits rose slightly. Last week, the total global iron ore shipments tracked by SMM reached 34.74 million mt, up 6.8% WoW. Among them, Australian shipments were 19.49 million mt (up 9.6% WoW), Brazilian shipments were 8.04 million mt (down 1.2% WoW), and SMM's tracked iron ore arrivals in China totaled 25.75 million mt (up 1.9% WoW). Shipments and arrivals increased simultaneously. Iron ore supply remains ample. However, the current industry imbalance is relatively small, steel mills are still profitable, and pig iron may have hit bottom and stabilized. In the short term, iron ore prices are expected to fluctuate rangebound, and imported ore profits are also expected to remain volatile.

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According to the SMM imported ore cost-profit table, imported ore prof - Shanghai Metals Market (SMM)