In the short term, the market still has differences of opinion. The reduced production capacity has not been fully restored and there are still some capacity with maintenance plans. Therefore, there is still some positive news for the market. The expected cost reduction brought by ore and the negative impact of new production capacity output on the increase in market supply are still affecting market sentiment. Overall, the market’s concentrated maintenance has not yet ended. It is expected that the maintenance capacity in May will still have a certain base, and it cannot be ruled out that it will continue to support the price. Therefore, in the short term, the price is unlikely to fluctuate significantly, and it is expected that the spot price will remain stable.
