SMM Brief: January Iron Ore Prices Beat Expectations; Will Strength Persist Post-Holiday?

[SMM Brief Analysis: January Iron Ore Prices Slightly Exceeded Expectations, Can the Strength Continue After the Holiday?]

In January, iron ore prices were weak at first and then strengthened, with the futures 2505 price range at 742-808 yuan/mt. In February, the supply-demand pattern of iron ore is expected to remain relatively small in change, and under the combined influence of fundamentals and macro expectations, the fluctuation range of iron ore prices may expand... ...