Today, the iron ore market has rebounded after a decline. The main con

Published: Jun 6, 2024 17:02

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Today, the iron ore market has rebounded after a decline. The main contract closed at 839.5, with a daily gain of 0.96%. The overall trading atmosphere in the market today was average. Transaction prices rose by 2-10 yuan/ton compared with yesterday. The total inventory of iron ore varieties tracked by SMM in the ten major ports continued to accumulate, but the scope of accumulation narrowed. Among them, the inventory of coarse powder continued to accumulate; however, the inventory of imported concentrate, pellets and lump ore decreased slightly. Overall, the demand for iron ore was still acceptable. Today's steel surface demand data met market expectations, market pessimism improved, and iron ore prices showed a trend of recovery......

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