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MMi Daily Iron Ore Report (September 6)

iconSep 6, 2021 15:56
Source:SMM
DCE iron ore futures market slumped sharply by 6.7% and I2201 hit one-year new low of 722yuan/mt. The quotations in the morning have been up adjusted by 5yuan/mt, but traders successively offered further concessions on the prices when DCE iron ore futures market cracked down. Steel mills showed increasing intentions to purchase today, and the market activities warmed up.
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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