Published: Nov 27, 2023 17:34
"Domestic Iron Ore Brief: Shandong region may see prices fluctuating mainly. This week, the 64% grade alkaline powder dry basis pre-acceptance mining price in Shandong increased by 18 yuan/ton to 1091. The mining end is still mainly in normal production, but can only supply long-term contracts to steel mills, with few accumulated stocks. Most steel companies are controlling costs and purchasing according to demand pace..."

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn