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Home / Metal News / MMi Daily Iron Ore Report (July 08)

MMi Daily Iron Ore Report (July 08)

iconJul 8, 2021 18:00
Source:SMM
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 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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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