Telah Terbit: Dec 1, 2023 09:32
"Looking at the profit sheet of imported ore for SMM, the landed profit of imported ore continues to see a slight increase. Some varieties are profitable while others are still in deficit. Although the PMI data yesterday morning fell short of expectations, the apparent demand for steel and inventory data in the afternoon showed a good performance, indicating strong resilience in terminal demand and a non-sluggish market performance in the off-season. However, strict policy regulation continues to exert strong pressure on ore prices. In addition, the recent weakness in support from the supply side of iron ore suggests that ore prices are expected to fluctuate weakly in the short term, leading to a potential contraction in landed profits for imported ore."

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