[SMM Steel Morning Meeting Summary: Accelerating Restocking Pace of Ra

Published: Apr 30, 2024 07:35

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[SMM Steel Morning Meeting Summary: Accelerating Restocking Pace of Raw Materials before the Festival, Strong Support from the Cost Side] Last week, the total shipment of SMM global iron ore was 31.71 million tons, a decrease of 4.3% compared with the previous week. Among them, the shipment from Australia was 18.39 million tons, a decrease of 8.4% compared with the previous week; the shipment from Brazil was 6.57 million tons, an increase of 3% compared with the previous week. The shipment from Brazil to China was 2.85 million tons, accounting for 43.4% of the total shipment from Brazil, an increase of 1.8% compared with the previous week. The total arrivals of iron ore in China increased significantly by 24.55% compared with the previous month, returning to a high level...

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