Publicado: Jun 14, 2024 10:11
According to the cost and profit table of SMM imported ore, the profit of imported ore rose slightly. From the perspective of industrial data, rainfall and high temperature resulted in the continuous weakening of terminal demand, and the total inventory of steel began to accumulate, but the accumulation range was small, which was in line with market expectations. The pessimistic sentiment has eased, driving the rebound of the market. Taking into account the fact that the fundamentals of iron ore are still relatively weak, it is expected that it will be difficult to reverse in the short term, and it will continue to show a weak volatile trend. It is expected that the profit of imported ore may decline.

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