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MMi Daily Iron Ore Report (May 16)

  • May 16, 2025, at 6:00 pm
  • SMM
Today, DCE iron ore futures fluctuated rangebound, weakening slightly in the afternoon. The most-traded contract I2509 eventually closed at 736.5, up 1.17% for the day. Traders sold goods according to market conditions. Some steel mills faced poor sales of finished products, leading to weakened purchase willingness.
  • Analysis
  • Steel
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