MMi Daily Iron Ore Report (March 22)
DCE iron ore futures declined by 2.15% today, the main contract closed at 865.5.The traders' willingness to ship is more.The steel mills are more active to purchase.
SMM Evening Comments (Mar 22): Shanghai Nonferrous Metals Closed Mixed as Market Awaits Results of Fed's March Meeting Tonight
Shanghai nonferrous metals closed mixed in day trading.
China EMM Output as of March 22
China produced 4,004 mt of EMM
China Unwrought Nickel Imports in Feb Down 52% YoY
China imported 7,247.21 mt of unwrought nickel in February, a decline of 27.1% from the previous
Alumina Imports Up 8% YoY in Feb
China imported 183,185.38 mt of alumina in February, a decline of 11.51% from the previous month and a year-on-year growth of 7.93%, according to customs statistics.
SMM has more than 50 professional industry analysts in copper, aluminum, lead, zinc, nickel, tin and minor metals, and are committed to providing in-depth, professional, as well as timely reports and research.
Besides, over 80 steel professionals engaged in China's steel industry. They have been working on the weekly report China Steel Briefing, the monthly report China Steel PMI-Monthly, a survey of steel downstream.