"In terms of the profit table for imported ores, the landed profit of

Published: Nov 24, 2023 09:53

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"In terms of the profit table for imported ores, the landed profit of imported ores has shrunk, resulting in a small loss for PB powder and a balanced profit and loss for card powder. Profits for other mainstream varieties are still acceptable. Recently, the continuous rise in iron ore prices has prompted joint supervision by three departments, causing a drop in market prices and a decrease of 10-15 yuan/ton in spot prices. Looking ahead, supervision is expected to continue to suppress iron ore prices, but considering that the contradictions in the industrial chain are not significant, it is anticipated that there will be limited downward and upward space for iron ore prices, maintaining narrow and fluctuating operation, and little improvement in the profit of imported ores."

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