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

Published: Nov 13, 2023 10:02

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According to the SMM import iron ore cost and profit table, the profit of imported ore has slightly increased. Profits of most varieties are still acceptable. The market rose sharply on Friday, but spot prices followed weakly and steel mills were reluctant to accept high prices, resulting in less market transactions. In the later period, macro-positive factors will be digested gradually, and if there is no new stimulus, the market will lack the power to rise. Fundamentally, overseas shipments and port-to-port have both declined slightly. Considering that this week's iron ore output is also at a low level, and Hebei has once again welcomed the second-level environmental protection response, it is estimated that iron ore demand is still general, and ore prices will remain under pressure and fluctuate. The profit of imported ore is relatively stable.

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