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MMi Daily Iron Ore Report (June 9)

iconJun 9, 2025 18:04
Source:SMM
Today, the DCE Iron Ore futures market opened with a strong upward trend but pulled back in the afternoon, after a doldrums session the day before yesterday. The most-traded contract I2509 eventually closed at 703, down 0.71% for the day. Traders sold goods in line with market conditions, while steel mills remained cautious and adopted a wait-and-see attitude, focusing on purchasing as needed.
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