Today, Dalian iron ore futures continued to be in the doldrums, with the most-traded contract I2509 closing at 790, down 0.19% for the day. Traders sold goods according to market conditions.

According to the SMM survey, the large-caliber inventory of HRC in Ningbo was 299,900 mt (as of August 8) this week, with a WoW increase of 45,200 mt. This week, HRC prices first rose and then fell. The weekly increase in spot prices ranged from 10 to 30 yuan/mt. The market trading atmosphere was moderate, and downstream end-users' purchase willingness was average. By the afternoon close on August 8, the most-traded hrc2510 futures contract closed at 3,428 yuan/mt.