[Live: Sharing of Cutting-Edge Technologies in Electric Control and Drive Motors, Breakthrough Opportunities in the Low-Altitude Economy Industry Chain, and Forward-Looking Insights into the Electrification Transformation of Commercial Vehicles] ►Planning for Electric Control Inverter Brick Technology ►Discussion on Detection and Evaluation Technologies for Drive Motor Insulation in High-Voltage Platforms ►Development of Magnesium Alloy Electric Drive Housings and Lightweight Design ►Design Characteristics of Drive Motors in High-Voltage and High-Frequency Environments ►Deepening Route for New Energy Technologies: Concurrent Advancement in Pure Electric, Plug-in Hybrid, and Hydrogen Fuel Cell Technologies ►Key Technologies for the R&D of Multi-Rotor Flying Cars ►Application of Diversified Energy Systems in eVTOLs ►Rethinking the Challenges in the Low-Altitude Economy Industry Chain and Data Management

Today, DCE iron ore futures continued to hold up well, with the most-traded contract I2509 touching 708 before weakening slightly and closing at 709, up 0.93% for the day. Traders showed a good willingness to sell. Steel mills largely completed their weekly procurement, with only some purchasing as needed today.

[Profits Under Pressure, Coke Plant Operations May Continue to Decline Next Week] This week, coke prices remained stable, having no negative impact on coke plant profits. However, on the cost side, coking coal prices also remained stable this week, with no further concessions from coal mines. Looking ahead, due to the overall loose supply-demand pattern and low downstream purchase willingness, coke prices are expected to fall further. However, the decline in costs will narrow, making it difficult to promptly restore coke plant profits. It is anticipated that coke plant profits will still face downward pressure next week.

[SMM Steel Mill Guidance Price] Guidance prices for various series of domestic large stainless steel mills on June 20

[SMM Rebar Daily Review: Supply-Demand Imbalance Gradually Highlighted, Spot Price Under Pressure] This week, rebar prices consolidated, with the nationwide average price at 3,089 yuan/mt, up 2 yuan/mt MoM.

[Brief Review of Domestic Iron Ore Market: Prices at Mines and Beneficiation Plants in Western Liaoning May Remain in the Doldrums] The domestic ore market in western Liaoning is sluggish. This week, the ex-factory price of Fe66% iron ore concentrates (wet basis, tax not included) in the region decreased by 10-15 yuan/mt, currently at 880-890 yuan/mt. Recently, it has been raining frequently in the area. Considering the high moisture content of iron ore concentrates, traders have low enthusiasm for purchasing, with only a few inquiries at low prices.