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MMi Daily Iron Ore Report (November 4)

iconNov 4, 2025 18:10
Source:SMM
Today, the price of iron ore futures continued to fluctuate weakly. The main contract I2601 finally closed at 775.5 yuan, down 1.71% from the previous working day. The mainstream spot price at ports fell by 2-8 yuan/ton from the previous working day. The transaction price of PB powder in Shandong area was 780-785 yuan/ton
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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