Summary of SMM Steel Morning Meeting: Fluctuations in the market and c

Published: Dec 15, 2023 07:40

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Summary of SMM Steel Morning Meeting: Fluctuations in the market and continuous accumulation of inventory. In terms of industry, the current weather conditions have led to a decrease in apparent demand for construction materials, resulting in a slight accumulation of inventory. Additionally, with the increase in coke prices, steel mills are facing greater losses, and the enthusiasm for purchasing iron ore has decreased. Short-term weak fluctuations may continue.

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