According to the SMM imported ore cost-profit statement, the profit ma

Published: Jul 17, 2024 09:58

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According to the SMM imported ore cost-profit statement, the profit margin of imported ore has declined slightly. This week, the impact of blast furnace maintenance on molten iron output recorded by SMM reached 1.0314 million tons, an increase of 15,700 tons compared with last week. For the next week (July 20th to July 26th), the impact of blast furnace maintenance on molten iron output will be 1.0486 million tons, an increase of 17,200 tons from this week. Overall, the output of molten iron continues to decline slightly, and the demand for iron ore also maintains a downward trend. Although the profits of steel mills can still be maintained and the industry is in a slack season, the output of molten iron will not decline significantly for the time being, and the rigid demand for iron ore still exists. It is worth noting that the possible macroeconomic policies and news during the conference are expected to have a fluctuating impact on the profits of imported ore in the short term.

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