MMi Daily Iron Ore Report (February 5)

Published: Feb 5, 2026 18:02

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Today, the DCE iron ore market trended weaker. The benchmark contract, I2605, closed at 768.5 RMB/tonne, registering a decline of 1.73% from the previous trading session. Spot prices in the physical market dropped by 7–8 RMB/tonne compared to the prior day.

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