》View SMM Steel Product Prices, Data, and Market Analysis
》Subscribe to Access Historical SMM Metal Spot Prices
Today, Dalian iron ore futures turned from strong to weak, with a significant decline in the afternoon. The most-traded I2505 contract finally closed at 810.5 yuan/mt, down 0.98% for the day. Traders sold goods based on market trends, while steel mills restocked as needed. Market transactions were moderate. In Shandong, the mainstream transaction prices of PB fines were 800-805 yuan/mt, up 0-3 yuan/mt from yesterday; in Tangshan, the transaction prices of PB fines were around 820-825 yuan/mt, relatively stable compared to yesterday. Over the weekend, the impact of the Australian cyclone temporarily ended, and iron ore shipments are expected to return to normal next week. The short-term supply support for iron ore has weakened, and a loose supply pattern is expected to continue. Considering the current high valuation, the short-term upward momentum is expected to remain weak, and the market may continue to fluctuate rangebound next week.

![마그네슘 가격 3거래일 연속 상승! 원가 측면은 여전히 '뜨겁게 타오르는' 반면 수요 측면은 바통을 이어받기 어려워 [SMM 논평]](https://imgqn.smm.cn/usercenter/EutUV20251217171724.jpeg)
![[ 캐나다, 미국산 철강에 50% 보복 관세 부과 예정 ]](https://imgqn.smm.cn/usercenter/QMaot20251217171719.jpg)
