MMi Daily Iron Ore Report (August 16)

Published: Aug 16, 2021 18:30

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DCE iron ore futures market headed for bounce and quotations in the physical port stock market remained flat over last Friday. Traders showed little intentions to offer further concessions on prices, and PBF was closed at 1125yuan/mt in Shandong market, keeping flat over last Friday. Some steel mills in Jiangsu started conducting maintenance and pig iron production is going to decrease further.

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MMi Iron Ore Port Index

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