The surge in iron ore prices due to the Brazilian mine disaster is a significant shift in the steel market this year, and this factor will continue during the year. Therefore, the supply of iron ore needs to be continuously concerned. As the resumption of the Vale mine is faster than expected, and the increase in the price of the mine has led to the accelerated release of domestic and non-mainstream mines, the current iron ore price is overestimated, and there is a callback demand in the later period. However, considering that the impact of mine disasters on supply is relatively large, iron ore prices will remain high and volatile in the near future, and will not rise in the short term, nor will they fall sharply.

In terms of coking coal and coke, due to the relaxation of environmental protection and production limits in the coke industry, the release of coke capacity is too large and the inventory is high. Although the coking plant is brewing to raise prices, it is difficult for coke prices to rise significantly in the short term. The coke market will still largely follow the trend of the steel market.