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Home / Metal News / MMi Daily Iron Ore Report (April 16)

MMi Daily Iron Ore Report (April 16)

Apr 16, 2025 17:51

Source:SMM

The DCE ore futures prices weakened today. The most-traded contract I2509 closed at 708, down 0.14% for the day. Traders sold at market prices, with speculative transactions decreasing. Steel mills remained cautious and adopted a wait-and-see approach, with some purchasing as needed. Market trading activity was subdued. In Shandong, mainstream transaction prices for PB fines were around 762-766 yuan/mt,

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