Shandong Iron and Steel: The iron ore market will show a "strong supply and weak demand" characteristic. A long-term probability event is that prices will move downward.

Shandong Iron and Steel stated on the interactive platform that by 2025, the iron ore market will show a "strong supply and weak demand" trend. Although short-term macroeconomic sentiment or supply disruptions may trigger temporary rebounds, in the long term, a downward price movement is likely.