SMM import ore profits: Import ore profits continue to worsen; recentl

Published: Jan 31, 2024 09:29

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SMM import ore profits: Import ore profits continue to worsen; recently, macroeconomic policy optimism has driven market sentiment, coupled with a slight increase in iron production, driving ore prices higher and squeezing steel mill profits. End-demand is in the off-season, with poor demand for finished products suppressing ore price increases. It is expected that import ore profits may still have a slight downward trend in the near future.

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