The escalating conflict between the US, Israel, and Iran has directly increased the costs of natural gas and shipping. While long-term contract iron ore prices have remained relatively stable, bulk iron ore prices have shown a slight upward trend, and the market’s widely anticipated lower iron ore prices are unlikely to materialize in the short term. It is predicted that over the next 30-50 days, taking Shanxi province as an example, alumina costs will exhibit a staggered trend of “first decreasing and then increasing,” making it difficult to achieve the earlier anticipated cost lows.
（Chinese version）
（English version）
