MMi Daily Iron Ore Report (July 08)

Published: Jul 8, 2021 18:00
Due to the continuous strengthening expectations of crude steel reduction, DCE iron ore futures has been performing weakly throughout the day; The physical port in the morning has decreased by 5yuan/mt over yesterday. Some traders tend to expand the bargain space to make a successful deal. PBF at Shandong port dealt 1480-1500yuan/mt, down 25-35yuan/mt from yesterday.

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MMi Daily Iron Ore Report (July 08) - Shanghai Metals Market (SMM)