【SMM Weekly Report on Iron Ore】Next week, the supply of iron ore will

Published: Apr 26, 2024 18:01

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【SMM Weekly Report on Iron Ore】Next week, the supply of iron ore will remain high. In terms of demand, as the number of blast furnaces resuming production decreases, the daily increase in molten iron output narrows, and steel mills' inventory replenishment before the festival has basically ended, the overall demand for iron ore may decline. Considering the strong terminal demand performance and the strong expectation of debt-to-equity swap funds landing, the market sentiment is relatively optimistic, and the upward trend of iron ore prices remains unchanged. It is expected that iron ore prices will continue to fluctuate narrowly next week...

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