According to the profit statement of imported ores in the SMM, the los

Published: Jan 12, 2024 10:21

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According to the profit statement of imported ores in the SMM, the losses of imported ores continue to worsen. From a fundamental perspective, the recent weakening of demand for finished materials and poor steel mill profits have restrained the pace of iron ore stockpiling, resulting in poor market sentiment and a downward trend in imported ore prices. It is expected that there will still be a risk of weakening profits of imported ores in the near future.

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