Domestic Iron Ore Brief: Iron powder in western Liaoning still has som

Published: Dec 12, 2023 18:38

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Domestic Iron Ore Brief: Iron powder in western Liaoning still has some room for further upward potential. At the beginning of the week, the trading atmosphere in the iron powder market in western Liaoning was general, with a wet basis of 66% and a tax-free price of 950-960 yuan/ton. With support from iron ore futures and low supply, market prices remained strong. Traders and material yards were discussing possible purchases, with some high-priced transactions occurring. As for major mines, production and shipments were mostly based on orders, with little...

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