According to the SMM import iron ore cost and profit table, the import

Published: Nov 7, 2023 09:16

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According to the SMM import iron ore cost and profit table, the imported ore has both risen and fallen compared to yesterday, and most varieties still have profits. The macro-positive policy influence has weakened, coupled with a significant increase in overseas shipments and arrivals this week, but iron output continues to decline slightly, and the fundamentals have also weakened, and ore prices are fluctuating. The impact of the blast furnace overhaul data tracked by SMM this week increased by 126,200 tons, and the daily iron ore reduction was close to 20,000 tons. However, the recent demand for finished products is good, and some steel mills consider locking in profits and increasing iron ore purchases. It is expected that ore prices will still be supported in the short term, and the overall trend is still fluctuating.

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