MMi Daily Iron Ore Report (May 24)

SMM SiMn industry data

SMM nickel-chrome-manganese-stainless steel industry chain price list

DCE iron ore futures rose by 3.54% today, the main contract closed at 849.The traders' willingness to ship is high.The steel mills are active to purchase.

SMM zinc industry data

SMM data: SMM A00 aluminium prices and discounts & premiums

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DCE iron ore futures rose by 0.97% today, the main contract closed at 829.5.The traders' willingness to ship is more.The steel mills are active to purchase.The overall trading sentiment of the market is better.PBF at Shandong port deal 866-877 yuan/mt.

DCE iron ore futures rose by 0.69% today, the main contract closed at 801.5.The traders' willingness to ship is general.

Last week, the price of inverters was temporarily stable. The price of 20 kw grid-connected inverters was 0.2-0.26 yuan/W, the price of 50kw was 0.18-0.21 yuan/W, and the price of 110kw was 0.16-0.19 yuan/W. In terms of different models, the supply of IGBT single tubes used in household models and industrial and commercial low-voltage and low-power models is sufficient.

Mainstream DMC prices stabilised this week.