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MMi Daily Iron Ore Report (June 5)

iconJun 5, 2025 18:13
Source:SMM
Today, DCE iron ore futures opened higher and moved downwards after a higher opening, fluctuating rangebound throughout the day. The most-traded contract I2509 eventually closed at 701, with a daily decline of 0.14%. Traders sold goods according to market conditions; steel mills adopted a wait-and-see attitude cautiously, with purchase willingness declining compared to yesterday.
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