Today, the iron ore market is relatively strong, with the main contrac

Published: Jun 26, 2024 16:51

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Today, the iron ore market is relatively strong, with the main contract closing at 826, an increase of 3.38% throughout the day. The overall market trading atmosphere is satisfactory today. The transaction price increased by 5-15 yuan/ton compared with yesterday; according to SMM research, on June 26, the blast furnace operation rate statistics by SMM was 94.50%, an increase of 0.59% on a month-on-month basis. The blast furnace capacity utilization rate was 96.33%, an increase of 0.55% on a month-on-month basis. The daily average pig iron production of the sample steel mills was 2.3025 million tons, an increase of 12,000 tons on a month-on-month basis. And there is still room for growth next week. The increase in iron ore demand has provided strong support for ore prices.

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