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MMi Daily Iron Ore Report (October 21)

iconOct 21, 2025 18:10
Source:SMM
On October 21, the closing price of the 01 contract was 769.5 yuan/mt, up 0.13% from the previous trading day. Spot cargoes at ports showed relatively small fluctuations compared to the previous day, with transaction prices for PB fines in the Hebei region ranging between 784-784 yuan/mt, up 2 yuan/mt from yesterday;
SMM price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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