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The focus of iron ore prices will move down in the second half of the year
In the second half of 2022, the steel production of the entire steel industry will decrease, and similarly, the demand for iron ore will decrease, and the price of iron ore will not rise.
In the second half of the year, the production situation of domestic mines improved, the supply increased, and the inventory of major domestic ports increased. Supply exceeds demand, indicating that iron ore prices in the second half of the year are easy to fall and difficult to rise.