The core factors leading to the rebound in iron ore prices in this round: rising shipping costs, strong resilience in iron ore demand, and seasonal inventory replenishment by steel mills will all weaken to varying degrees over the next period of time. The main logic that will cause iron ore prices to peak and fall in the future is a trend reduction in steel mill production that may be caused by negative feedback, and whether a trend decline can occur still depends on whether shipping costs can resonate and fall. Judging from the time point of view, the falsification of steel demand in mid-late September may be the driving factor of negative feedback main line logic, and when the US-Iran conflict will ease again or when Trump TACO again will be an accelerator for iron ore price changes.

The core factors leading to the rebound in iron ore prices in this round: rising shipping costs, strong resilience in iron ore demand, and seasonal inventory replenishment by steel mills will all weaken to varying degrees over the next period of time. The main logic that will cause iron ore prices to peak and fall in the future is a trend reduction in steel mill production that may be caused by negative feedback, and whether a trend decline can occur still depends on whether shipping costs can resonate and fall. Judging from the time point of view, the falsification of steel demand in mid-late September may be the driving factor of negative feedback main line logic, and when the US-Iran conflict will ease again or when Trump TACO again will be an accelerator for iron ore price changes.