According to the cost-profit report of imported ore from SMM, the prof

Published: Mar 20, 2024 09:42

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According to the cost-profit report of imported ore from SMM, the profit of imported ore is showing signs of recovery. Based on SMM's statistics, the impact of molten iron caused by blast furnace maintenance this week (March 16th to March 22nd) is 1.9454 million tons, a decrease of 116,900 tons compared to the maintenance impact of last week. The impact of molten iron caused by blast furnace maintenance next week (March 23rd to March 29th) will be 1.8456 million tons, a decrease of 99,800 tons compared to this week, indicating a turnaround in molten iron production. The rise in molten iron will provide some support for iron powder demand, but considering the recent biased macroeconomic news, it is expected that iron ore prices will fluctuate in the near future, and the profit of imported ore is also expected to remain fluctuating.

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