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MMi Iron Ore Port Spot Index Report (25th)

iconApr 25, 2025 17:56
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.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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