According to SMM's import ore cost-profit statement, the profits of im

Published: Jul 26, 2024 10:06

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According to SMM's import ore cost-profit statement, the profits of imported ore have slightly declined. Based on yesterday's data on finished product inventory and apparent demand, the demand for the five major materials has all declined. It is currently the off-season, with frequent high temperature and rainstorm warnings across the country, and the market expects that future terminal demand may further weaken. In addition, the alternation of new and old national standards has had a significant impact on the rebar market, with strong market sentiment of selling and the spread of pessimism. It is expected that the profits of imported ore will continue to fluctuate weakly.

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