宝城期货铁矿石周度数据-20250704

Report Summary 1) Report Industry Investment Rating No information provided. 2) Core View of the Report The supply - demand pattern of iron ore has weakened. The inventory has increased again, with more steel mills undergoing inspections, and the terminal consumption of iron ore has declined. Although the daily average pig iron output and imported ore consumption of sample steel mills decreased slightly this week, they are still at relatively high levels, providing support for iron ore prices, but the sustainability needs to be monitored. Overseas iron ore supply has shrunk due to the end of the fiscal - year - end volume rush, while domestic ore supply is stable. Currently, both supply and demand of iron ore have weakened, and the fundamentals have deteriorated again, putting pressure on iron ore prices. However, due to the fermentation of favorable policy expectations and limited contradictions in the black industry, iron ore prices are expected to remain strong in the short term. Attention should be paid to the decline in miners' shipments [2]. 3) Summary by Related Catalogs Inventory - 45 - port iron ore inventory was 13,878.40, a week - on - week decrease of 51.83 and a year - on - year decrease of 1,110.26 [1]. - 247 steel mills' imported ore inventory was 8,918.57, a week - on - week increase of 71.10 and a year - on - year decrease of 294.34 [1]. Supply - 45 - port iron ore arrival volume was 2,363.00, a week - on - week decrease of 199.70 and a year - on - year decrease of 107.20 [1]. - Global 19 - port iron ore shipment volume was 3,357.60, a week - on - week decrease of 149.10 and a year - on - year decrease of 354.90 [1]. - Overseas ore supply has shrunk due to the end of the fiscal - year - end volume rush, and domestic ore supply is stable [2]. Demand - 247 steel mills' daily average pig iron output was 240.85, a week - on - week decrease of 1.44 and a year - on - year increase of 1.53 [1]. - 247 steel mills' imported ore daily consumption was 300.81, a week - on - week decrease of 0.44 and a year - on - year increase of 7.60 [1]. - 45 - port daily average ore - clearing volume was 319.29, a week - on - week decrease of 6.65 and a year - on - year increase of 9.82 [1]. - The weekly average of main - port iron ore transactions was 98.90, a week - on - week increase of 1.10 and a year - on - year decrease of 6.36 [1].