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MMi Daily Iron Ore Report (April 16)
DCE iron ore futures fall today, The main contract I2409 closed at 826; an decrease of 1.49% throughout the day; Traders ship according to market conditions; Some steel mills tended to be wait-and-see, and purchased on demand. PBF at Shandong port dealt 843-847 yuan/mt; decreased 10-15 yuan/mt over yesterday. PBF at Tangshan port dealt 865-875 yuan/mt; decreased 15 yuan/mt over yesterday.
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