According to SMM, the Tangshan iron ore market has recently risen, inf

Published: Oct 29, 2023 11:13

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According to SMM, the Tangshan iron ore market has recently risen, influenced by the external shock and the improved mentality of the ore selection end, the willingness to support the price is strong, and the high mentality is strong, but there are still some ore selection considering the recent market volatility, considering the pressure of funds, cash back to the funds; traders are more cautious in purchasing, steel mills are still strong in price reduction, dare not act rashly, according to the situation to see the situation as the main, the market has obvious price without market; considering the current high level of futures, the local iron ore resources are tight and difficult to change, the leading steel mills have the space to adjust and rise, and it is expected that the local leading steel mills will have an upward space tomorrow.【SMM Iron Ore】

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