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MMi Daily Iron Ore Report (June 17)
SMM’s research showed that domestic operating rates of blast furnace dropped by 1.4% to 85.8% over last week, and declined by 1.1% from last month. As the off-season performance is more and more obvious, steel mills profits have been squeezed continuously. According to SMM, majority steel mills are suffering thin profits based on iron ore price of 222USD/mt.
MMi Iron Ore Port Index
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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Related news
MMi Daily Iron Ore Report (Oct 29)
Physical iron ore port stock fell by 5-15yuan/mt during the morning session and concluded transaction were low.
Oct 29, 2019 18:21
MMi Daily Iron Ore Report (Aug 29)
A day of little activity to note today, with both physical and exchange traded iron ore contracts trading in a narrow band.
Aug 29, 2019 17:57MMi Daily Iron Ore Report (Jul 19)
Port stocks grew for the first time this week after 14 consecutive weeks of declines. As of July 19.
Jul 19, 2019 18:29
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