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MMi Daily Iron Ore Report (May 20)

iconMay 20, 2025 18:08
Source:SMM
Today, DCE Iron Ore futures continued to open lower and then rebounded slightly, with the most-traded contract I2509 eventually closing at 725, up 0.28% for the day. Traders' enthusiasm for selling was moderate. Steel trading was active today, with steel mills quoting higher prices and procurement volumes also increasing.
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