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MMi Daily Iron Ore Report (August 29)

iconAug 29, 2025 18:08
Source:SMM
Today, the most-traded iron ore futures contract I2601 continued to hold up well, closing at 787.5 yuan/mt, up 0.77% from yesterday. Traders' willingness to sell remained moderate, while steel mills' wait-and-see sentiment intensified, leading to a decline in the transaction sentiment index.
SMM price
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