Publicado: Jan 22, 2024 10:18
Regarding the import profits of SMM, the losses from imported ore have shown some recovery. From a fundamental standpoint, SMM has tracked a total of 123.27 million tons of inventory across 35 ports, with a month-on-month increase of 430,000 tons and a year-on-year increase of 5.16 million tons. The average daily import of ore has increased by 59,000 tons to 3.06 million tons compared to the previous period, but has decreased by 53,000 tons year-on-year. In the recent period, there has been a significant decline in iron ore prices, combined with the repair of steel mill profits. Some steel mills have accelerated their restocking pace, which has led to an increase in port imports. There is still an expectation of an increase in iron production, and the warming of iron ore prices is likely, thus it is anticipated that the import ore profits will recover in the near future.

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

Para quaisquer perguntas ou para obter mais informações, entre em contato: lemonzhao@smm.cn
Para mais informações sobre como aceder aos nossos relatórios de investigação, entre em contato:service.en@smm.cn
Regarding the import profits of SMM, the losses from imported ore have - Shanghai Metals Market (SMM)