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MMi Iron Ore Port Spot Index Report (25th)
Apr 25, 2025 17:56Source:SMM
Iron ore futures remained stable in the morning session but experienced a significant pullback in the afternoon, trading in the doldrums throughout the day. The most-traded contract I2509 closed at 709, with a daily decline of 1.87%. Traders showed a moderate willingness to sell, while steel mills had a demand for restocking and demonstrated a good willingness to restock at lower levels.
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