MMi Daily Iron Ore Report (May 9)

May 09, 2025, at 6:15 pm
SMM

Today, the DCE Iron Ore futures fluctuated rangebound during the day, with the most-traded contract I2509 closing at 696, down 0.57% for the day. Some merchants showed moderate enthusiasm for shipping goods. As the weekend approached, the purchase willingness of steel mills weakened somewhat, with some steel mills conducting tenders based on demand.

》Click to download the PDF and view the whole report

Analysis
Steel

PREVIOUS ARTICLE
7 months ago
Operating Rates of Enamelled Wire Increased Both YoY and MoM in April, with Pessimistic Sentiment in May Due to Tariff Shadow
NEXT ARTICLE
SMM • 7 months ago
【SMM Analysis】Sibanye Stillwater's Finnish Lithium Project Costs Surge 17%, 2026 Production Timeline Remains Unchanged

MMi Daily Iron Ore Report (May 9)

Operating Rates of Enamelled Wire Increased Both YoY and MoM in April, with Pessimistic Sentiment in May Due to Tariff Shadow

【SMM Analysis】Sibanye Stillwater's Finnish Lithium Project Costs Surge 17%, 2026 Production Timeline Remains Unchanged