Imported Ore Profits Edge Up Amid Stable Demand and Price Volatility

Publicado: Feb 21, 2025 09:26
According to the SMM imported ore cost-profit table, profits from imported ore edged up slightly. Yesterday, SMM data showed that this week, apparent demand for rebar increased significantly, confirming an improvement in downstream demand, boosting market confidence, and driving a substantial rise in ferrous metals series prices. Looking ahead to next week, iron ore shipments are expected to rebound, but pig iron production is expected to drop back slightly, with overall iron ore demand remaining stable with a weak trend. Considering the strong market expectations ahead of the Two Sessions, ore prices may continue to fluctuate upward. However, given the currently high valuation, an upward breakthrough is challenging, and prices are expected to operate within a sideways movement range. In the short term, imported ore profits are also expected to fluctuate.

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