【Domestic Iron Ore Brief Comment: Tangshan Region Market Has Weakness

Published: Oct 12, 2023 17:58

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【Domestic Iron Ore Brief Comment: Tangshan Region Market Has Weakness Risk】In recent days, the iron ore market in Tangshan has been relatively cold, with both supply and demand sides showing obvious wait-and-see attitude. On the demand side, steel mills have increased their losses per ton of steel, and they have strong willingness to press down the price of iron concentrate. Traders are worried that the market will continue to fall in the future, and they are cautious in purchasing, mainly waiting for the market. On the supply side, sellers have different attitudes, and some choose to wait for higher prices.

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