Publicado: May 21, 2024 09:37
According to the SMM import ore cost and profit statement, the profit of imported ore has risen slightly. Yesterday, the main iron ore contract continued the upward trend of the previous Friday, but the spot price was suppressed by port inventory and the price increase was not significant. In addition, according to SMM shipping data, the total global iron ore shipment volume was 31.12 million tons, an increase of 3.7% from the previous month. Among them, Australia's shipment volume has declined slightly due to the derailment incident, while Brazil and non-mainstream mines have seen an increase in shipment. The overall shipment volume is loose, which is bearish for ore prices. However, the current macro news is favorable, but considering the current weak profit of steel mills, the increase in molten iron this week may be lower than expected. It is expected that ore prices will fluctuate at a high level in the short term, and the profit of imported ore will be maintained.

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