Published: Mar 1, 2024 18:56
Domestic Iron Ore Brief: Iron powder prices in the western Liaoning region may remain weak in the near term. Trading in the iron powder market in western Liaoning is sluggish, with overall weakness persisting. Afternoon iron ore futures fell, lacking upward momentum. Steel mills' procurement pace is slow, and traders have fewer orders on hand, leading to a lack of active purchasing, with most adopting a wait-and-see approach. As the spring break ends, the ore selection side is gradually recovering...

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