【SMM Comment: Blast Furnace Operating Rate and Iron Output Increase, B

Published: Nov 15, 2023 16:14

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【SMM Comment: Blast Furnace Operating Rate and Iron Output Increase, Black System "Rise" in Unison, Steel Plate Sector Strengthens, Hangzhou Steel and Other Stocks Limit Up】In addition to the macro-positive factors such as the end of the US dollar interest rate cycle and the issuance of 100 billion national debt, the basic situation of steel mills continues to shrink losses, and the increase of blast furnace operating rate and iron output also provides support for the black system to rise, and the black system rises in unison. The main futures of iron ore touched 995 yuan/ton in the disk, creating a new high in nearly two years. As of the 15th day of the day's market closing, the black system futures were mostly red, iron ore rose 0.99%, thread rose 1.63%, hot coil rose 1.34%...

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