Premiums of Iron Ore Lumps at Downside Risk due to Lifting of Restrictions on Sinter Production in North China After The Heating Season Ends

Published: Mar 31, 2023 15:09

Source: SMM

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SHANGHAI, Mar 31 (SMM) – Next week, the restarts of blast furnaces will continue to boost iron ore demand.

SHANGHAI, Mar 31 (SMM) – Next week, the restarts of blast furnaces will continue to boost iron ore demand. However, the demand for lumps may weaken due to the lifting of restrictions on sinter production in north China after the heating season ends. And lump stocks at ports are at a high level, putting its premiums at downside risk.

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