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MMi Daily Iron Ore Report (July 29)
Jul 29,2021 18:16CST
Data Analysis
Source:SMM
Iron ore physical prices dropped sharply when DCE iron ore futures market vibrated downward. PBF was closed at 1320-1350yuan/mt in Shandong market, with price decline of 15-58yuan/mt. Some EAF steel mills from South China gradually shut down due to power rationing policy, and the resumption time remained unknown.
MMi Iron Ore Port Index

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