Iron ore market volume rose steadily

It is reported that the domestic iron ore market is operating stably and the transaction volume is not heavy. With the external market stabilizing, the spot price of imported mines rebounded slightly, and transactions have become warmer. The domestic ore market did not fluctuate, some merchants’ confidence rebounded, the price of big mines was firm, and the overall market turnover was still poor.

It is reported that the iron ore fines market in Hebei is stable. Most merchants gradually ease their minds and their willingness to purchase steel products is still low. North China's iron concentrate market is stable, and there is an increase in inquiry; the iron ore fines market in the northeast region is stable, and transactions are tepid. The iron ore fines market is stable in east China, and some of the mines' shipping conditions are improving. The iron ore fines market in East China is stable, and some markets are showing signs of recovery. The iron ore fines market in Central and South China is weak and there are few market resources. Some mines Said it would not accept the steel factory price adjustment.

The imported iron ore market witnessed a slight increase, the market activity increased, and the transactions were average. External disk: ** narrow fluctuations, demand is light. The three major mines did not have tenders and the two major platforms were deserted yesterday. From the feedback received by traders, PB powder was quoted at US$140/tonne, but the response from steel mills was not as strong as yesterday. Spot market: The port spot is stronger than the spot market. Due to the limited availability of available resources, some large investors tentatively raised their bids to reduce cost pressures. However, the buyer did not decisively accept the new price, and the transaction volume shrank slightly. The short-term rebound has been nearly a week. In the case of large-scale mine expansion in the second half of the year and the tightening environmental protection review in the north, the market outlook may again face directional choices.