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MMi Daily Iron Ore Report (October 24)

  • Oct 24, 2025, at 6:06 pm
  • SMM
Today, iron ore futures prices experienced sideways weakness, with the main contract DCE I2601 closing at 771, down by 0.58% compared to yesterday. Port spot prices declined by 2-5 yuan from the previous trading day. In Shandong, PB powder transactions ranged between 775-780 yuan per ton, a decrease of 2-5 yuan/ton from yesterday.
  • Analysis
  • Steel
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