宝城期货铁矿石周度数据-20250822

Report Summary 1) Report Industry Investment Rating No relevant information provided. 2) Core Viewpoints of the Report - The supply - demand pattern of iron ore has changed little. Steel mills' production is stabilizing, and the terminal consumption of ore is running steadily at a high level. 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 slightly, but overall it remained at a high level. The demand showed good resilience, but the profits of steel mills are shrinking, and production restrictions are frequent, weakening the positive effects. - The port arrivals of iron ore have rebounded as expected, and the shipments from miners have increased significantly to the highest level this year. Overseas ore supply has rebounded significantly, while domestic ore supply is weakly stable. Overall, the ore supply has rebounded as expected. - In summary, the high - level operation of ore demand provides support for ore prices, but due to the shrinking profits of steel mills and frequent production restrictions, the positive effects are weakening. On the contrary, the supply has returned to a high level, the fundamentals of iron ore are weakening, and the over - valued ore prices continue to face pressure and fluctuate and adjust. Attention should be paid to the performance of finished steel products. [2] 3) Summary by Relevant Catalogs Inventory - 45 - port iron ore inventory was 13,845.20, with a week - on - week increase of 25.93, a month - to - date increase of 187.30, and a year - on - year decrease of 1,187.32. - 247 steel mills' imported ore inventory was 9,065.47, with a week - on - week decrease of 70.87, a month - to - date increase of 53.38, and a year - on - year increase of 65.41. [1] Supply - 45 - port iron ore arrivals were 2,476.60, with a week - on - week increase of 94.70, a month - to - date increase of 236.10, and a year - on - year increase of 128.80. - Global 19 - port iron ore shipments were 3,406.60, with a week - on - week increase of 359.90, a month - to - date increase of 205.70, and a year - on - year increase of 240.50. [1] Demand - 247 steel mills' average daily hot metal output was 240.75, with a week - on - week increase of 0.09, a month - to - date increase of 0.04, and a year - on - year increase of 16.29. - 45 - port average daily ore removal volume was 325.74, with a week - on - week decrease of 8.93, a month - to - date increase of 23.03, and a year - on - year increase of 23.11. - 247 steel mills' imported ore daily consumption was 297.84, with a week - on - week decrease of 0.68, a month - to - date decrease of 1.62, and a year - on - year increase of 21.76. - The weekly average of main - port iron ore transactions was 106.50, with a week - on - week decrease of 6.88, a month - to - date increase of 17.70, and a year - on - year increase of 21.58. [1]