【SMM Steel Morning Meeting Summary: The low point in the plate broke t

Published: Oct 11, 2023 07:31

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【SMM Steel Morning Meeting Summary: The low point in the plate broke through 3600, and the market sentiment was once again frustrated】Yesterday, the main contract I2401 closed at 819, down 1.74%. Today, iron ore traders have general shipment willingness, steel mills are cautious in enquiries, and the overall transaction atmosphere is general. The PB powder transaction price in Shandong area is concentrated at 909-910 yuan/ton. From the news point of view, there is a thunderstorm news from the real estate side, which causes market discussion and produces certain pessimistic moods.

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