【Summary of SMM Steel Morning Meeting: Iron Ore Prices May Fluctuate F

Published: Jul 16, 2024 07:42

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【Summary of SMM Steel Morning Meeting: Iron Ore Prices May Fluctuate Frequently This Week】Yesterday, iron ore prices showed a strong trend of fluctuation, with the main contract closing at 834, representing a daily increase of 1.03%. Traders sold as the market moved, while steel mills mainly adopted a wait-and-see attitude with fewer inquiries. The overall market trading atmosphere was sluggish yesterday. In Shandong, the transaction price of PB powder ranged from 825 to 835 yuan/ton, up 5-10 yuan/ton from last Friday; In Tangshan, the transaction price of PB powder ranged from 840 to 855 yuan/ton, up 0-5 yuan/ton from last Friday. Last week, the total shipment of SMM global iron ore...

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