Imported Ore Cost and Profit Statements on May 30

According to the SMM imported ore cost-profit table, the profit of imported ore slightly increased; this week, the pig iron output of SMM sample steel mills rose by 8,800 mt. This week, three blast furnaces resumed production, and the maintenance of blast furnaces was postponed, leading to an increase in pig iron. In the future, as end-user demand enters the off-season, some steel mills have maintenance plans, and it is expected that pig iron output may shrink in June. However, considering that real estate policies are extending to first-tier cities, market sentiment is relatively optimistic, and it is expected that short-term ore prices will fluctuate at high levels, with a slight upward space for imported ore profits.