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MMi Daily Iron Ore Report (June 19)
Today, DCE iron ore futures continued to drop slightly, but rebounded slightly in the afternoon. The most-traded contract I2509 eventually closed at 698, up 0.43% for the day. Traders sold goods according to market conditions, with limited speculative transactions. Steel mills adopted a wait-and-see attitude cautiously, with a strong desire to bargain down prices.
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