MMi Daily Iron Ore Report (May 31)

Published: May 31, 2021 19:53

Save

DCE iron ore futures market ascended by 6.43%, with port stock prices in the morning have been up adjusted by 30-40yuan/mt over last Friday. Total market activity picked up along with increasing inquiries from steel mills. PBF was closed at 1380yuan/mt in Shandong market, up by 50yuan/mt over last Friday.

MMi Iron Ore Port Index

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 4, 2026 18:42

Algeria Develops Iron Ore with New Railway Line Construction

Feb 4, 2026 18:42

Feb 3, 2026 17:47

A mine in Yunnan auctioned 96 mt of molybdenum concentrate on February 3.

[Transaction Information for Molybdenum Concentrates] SMM, February 3: It is reported that a mine in Yunnan auctioned and sold 96 mt of 40% molybdenum concentrates (copper 1–3%) on February 3, with the final transaction price at 4,115 yuan/mtu.

Feb 3, 2026 17:47

Feb 2, 2026 14:38

Open Negotiation Procurement for Stainless Steel Welding Rods (Second Time) Tender

Feb 2, 2026 14:38