Looking at the future, with mounting overseas shipments in the past two weeks, iron ore port arrivals will hike. Therefore, ore inventory at ports will keep piling up, and more and more supply will be reported, while pig iron output will shrink seasonally. Therefore, fundamentals support will ebb. Meanwhile, strong expectations for an important meeting in December may boost ore prices. Under this circumstance, iron ore prices are expected to fluctuate widely this week.
![[SMM Coal Flash] Продажи мытого коксующегося угля Mongolian Mining в III квартале упали на 26% по сравнению с предыдущим кварталом до 2 млн тонн](https://imgqn.smm.cn/usercenter/gmcdk20251217171720.jpg)
![[SMM Еженедельный обзор по железной руде] Снижение цен на железную руду замедляется на фоне стабилизации производства чугуна и роста портовых запасов](https://imgqn.smm.cn/usercenter/rKOND20251217171716.jpg)

