MMi Daily Iron Ore Report (March 20)

Mar 20, 2024, at 10:07 am
SMM

DCE iron ore futures rose largely today, the main contract closed 823.5, an increase of 1.23% throughout the day. The enthusiasm of traders' quotations is generally moderate, and they are pricing appropriately for shipment.

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Analysis
SMM Comments
Steel

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SMM • a year ago
Lithium carbonate imports in January and February 2024 are both lower than the single-month average in 2023, and imports in March are expected to increase

MMi Daily Iron Ore Report (March 20)

The wait-and-see tendency of the long and short sides is gradually rising, and the SS contract is under pressure and fluctuates downward [SMM stainless steel futures daily review]

Lithium carbonate imports in January and February 2024 are both lower than the single-month average in 2023, and imports in March are expected to increase