According to the cost-profit table of imported ore from SMM, the profi

Published: May 17, 2024 09:51

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According to the cost-profit table of imported ore from SMM, the profit of imported ore has risen slightly. Yesterday's material data showed that the table needed to be increased, and the slope of inventory reduction rose in a loop, indicating that the terminal demand resilience was strong. Overlapping with the good news that the National Development and Reform Commission (NDRC) published an article in a magazine stating that it would promote the construction of affordable housing, the market confidence was boosted. The iron ore price followed a significant increase. In the short term, the iron ore itself has strong price support. It is expected that the price will continue to rise strongly tomorrow, and the profit of imported ore still has room for growth.

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