SMM Iron and Steel Morning Meeting Minutes: Iron ore prices remained weak and stable before the Spring Festival

Yesterday, the rebar market fluctuated and closed at 3836, a decrease of 0.05% compared to the previous trading day. The spot market prices remained stable throughout the day. On the supply side, the maintenance impact on construction materials this week was 1.661 million tons, an increase of 19,200 tons compared to last week. At the end of the year, steel mills are under pressure to operate, and several blast furnaces have delayed maintenance, which may lead to a slight...