MMi Daily Iron Ore Report (Aug 22)

Published: Aug 22, 2024 18:00 (GMT+8)
Today, the iron ore futures opened high and then fell back, with the main contract I2501 closing at 730, up 0.41% for the day. The enthusiasm of traders to sell is moderate, while steel mills are more cautious and have average purchasing intentions. The overall market trading atmosphere today is relatively quiet.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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