Publicado: Jul 26, 2024 18:03
[SMM Weekly Iron Ore Report] Looking ahead to next week, iron ore shipments overseas remain in peak season, with the possibility of further increases in shipment volumes. However, due to the decline in shipment volumes at the beginning of July and the recent impact of typhoons, port unloading efficiency is expected to decline, leading to a possible decrease in arrivals. On the demand side, affected by the transition from old to new national standards for rebar, some steel mills have planned maintenance, coupled with increasing losses at steel mills, some blast furnaces under inspection have postponed their resumption of production. It is estimated that the growth in molten iron production will not be achieved next week, and the average daily molten iron output is expected to decline slightly. However, the rigid demand for iron ore remains, providing some support for prices. Considering that the recent pessimistic sentiment has subsided, it is expected that iron ore prices will stabilize and rebound next week...

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