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MMi Daily Iron Ore Report (July 2)

iconJul 2, 2025 18:10
Source:SMM
Today, DCE iron ore futures weakened in the morning but surged significantly in the afternoon. The most-traded contract I2509 closed at 722.5, up 1.69% for the day. Traders were actively selling their goods. Steel mills' wait-and-see sentiment intensified, with inquiry volumes decreasing compared to yesterday.
SMM price
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