Summary of SMM Steel Morning Meeting: Is the pause in the market an ad

Published: Nov 1, 2023 07:35

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Summary of SMM Steel Morning Meeting: Is the pause in the market an adjustment or a turning point? Yesterday, iron ore first fell and then rose, and the main contract I2401 finally closed at 898.5, up 0.34% for the day. Traders were generally active in shipments, and steel mills were cautious. Yesterday, the overall market turnover atmosphere was cold, and the PB powder transaction price in Shandong was 953-958 yuan/ton, up 0-3 yuan/ton from the previous day.

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