MMi Daily Iron Ore Report (September 6)

Published: Sep 6, 2021 15:56
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.

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MMi Daily Iron Ore Report (September 6) - Shanghai Metals Market (SMM)