MMi Daily Iron Ore Report (January 29)

Jan 29, 2026, at 5:56 pm
SMM

decline of 0.70% from the previous trading day. In the physical market, spot prices fell by 3–5 RMB compared to the prior Today, the DCE iron ore futures market trended upwards amidst volatility. The benchmark contract, I2605, closed at 798.5 RMB/tonne, recording a 1.78% increase from the previous trading day.

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Analysis
Steel

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[SMM Analysis] Market transactions were relatively mediocre, and nickel salt prices rose slightly this week.
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Cost and Supply-Demand Resonate Intensify Tightness in Manganese Sulfate Market Ahead of Spring Festival

MMi Daily Iron Ore Report (January 29)

[SMM Analysis] Market transactions were relatively mediocre, and nickel salt prices rose slightly this week.

Cost and Supply-Demand Resonate Intensify Tightness in Manganese Sulfate Market Ahead of Spring Festival