MMi Daily Iron Ore Report (May 9)

Published: May 9, 2025 18:15

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Today, the DCE Iron Ore futures fluctuated rangebound during the day, with the most-traded contract I2509 closing at 696, down 0.57% for the day. Some merchants showed moderate enthusiasm for shipping goods. As the weekend approached, the purchase willingness of steel mills weakened somewhat, with some steel mills conducting tenders based on demand.

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