Report Summary 1. Core View - The supply - demand pattern of iron ore has changed. Steel mill production is stabilizing. This week, the average daily hot metal output of sample steel mills increased slightly week - on - week, while the daily consumption of imported ore decreased. Both remained at high levels, with relatively good ore demand supporting the ore price. However, the steel price is weakly seeking a bottom, and the steel market has entered the off - season, so the incremental space for ore demand is limited, and the positive effect is weakening. Meanwhile, the arrival of port ore and overseas miners' shipments decreased slightly week - on - week, but the overall decline was not large. Overseas miners' supply remained at a high level, domestic ore supply was stable, and ore supply remained high with an undiminished incremental expectation, continuing to suppress the ore price. In short, the ore inventory decreased significantly during the holiday, but the supply - demand pattern did not improve. Supply remained high, and demand is expected to peak. The fundamental outlook is weakening, and the ore price is likely to be under pressure and run weakly. Attention should be paid to the production situation of steel mills [2]. 2. Data Summary Inventory - 45 - port iron ore inventory was 14,238.71, a week - on - week decrease of 63.77, a decrease of 22.29 from the end of last month, and a decrease of 436.52 compared with the same period [1]. - 247 steel mills' imported ore inventory was 8,958.98, a week - on - week decrease of 376.07, a decrease of 114.05 from the end of last month, and a decrease of 364.54 compared with the same period [1]. Supply - 45 - port iron ore arrival volume was 2,449.70, a week - on - week decrease of 63.10, an increase of 124.40 from last month, and an increase of 68.80 compared with the same period [1]. - Global 19 - port iron ore shipment volume was 3,050.50, a week - on - week decrease of 137.70, an increase of 125.00 from last month, and a decrease of 76.20 compared with the same period [1]. Demand - 247 steel mills' average daily hot metal output was 245.64, a week - on - week increase of 0.22, an increase of 1.29 from last month, and an increase of 11.14 compared with the same period [1]. - 45 - port average daily ore removal volume was 315.21, a week - on - week decrease of 16.63, a decrease of 12.71 from last month, and an increase of 12.52 compared with the same period [1]. - 247 steel mills' imported ore daily consumption was 303.90, a week - on - week decrease of 0.23, an increase of 2.51 from last month, and an increase of 18.02 compared with the same period [1]. - The weekly average of main - port iron ore transactions was 97.17, a week - on - week increase of 27.39, a decrease of 8.93 from last month, and an increase of 18.44 compared with the same period [1].
宝城期货铁矿石周度数据-20250509
Bao Cheng Qi Huo·2025-05-09 01:43