Published: Dec 5, 2023 07:31
"SMM Steel Morning Post Summary: Yesterday's iron ore prices fluctuated downward, closing at 3871, a decrease of 1.17% from the previous trading day. Throughout the day, the spot market prices remained relatively weak. On the demand side, the strong decline in the coking coal market led to a weak performance in the entire black metal sector, with market sentiment cooling down. End-user purchases continued to follow an on-demand strategy, with a subdued speculative atmosphere and relatively weak trading volume throughout the day..."

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