From the demand point of view, iron ore prices seem to have enough room to rise. Will the price of iron ore rise with the price of steel? Maybe not sure. Sun Ming, an analyst at Lange Steel Research Center, pointed out that from the current price, it can be seen that the forward spot market price is higher than the port spot price, and it has once again risen to the $60 mark. However, the forward spot market price has certain financial attributes, so it is weak for iron and steel enterprises to continue to pursue high procurement. At the same time, while futures prices are rising, the spot market has begun to increase the supply of many non-mainstream minerals, so the current situation of oversupply in the spot market is still obvious, which will also suppress the spot price. Judging from the iron ore inventory in the port, it is indeed rising sharply. It is reported that the port iron ore inventory may once again exceed 654.38 billion tons. Sun Ming said that under the current background of domestic steel industry, it is unlikely that entities will pursue high procurement. Apart from operating in the iron ore financial derivatives market, from the fundamental analysis of the iron ore market, it is unlikely that the overall market price of iron ore will continue to rise.