MMi Daily Iron Ore Report (April 18)

Apr 18, 2025, at 5:54 pm
SMM

Today, the DCE ore futures fluctuated rangebound, with a late-session plunge, and remained in the doldrums throughout the day. The most-traded contract I2509 closed at 699, down 1.76% for the day. Traders' willingness to sell was moderate, while steel mills' purchase willingness weakened as the weekend approached.

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Analysis
Steel

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The supply of copper raw materials falling short of expectations has led to the continuous depletion of the inventory of copper anode. [SMM Analysis]
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【SMM analysis】Market Trends in Recycling Sector (April 14–18, 2025)

MMi Daily Iron Ore Report (April 18)

The supply of copper raw materials falling short of expectations has led to the continuous depletion of the inventory of copper anode. [SMM Analysis]

【SMM analysis】Market Trends in Recycling Sector (April 14–18, 2025)