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MMi Daily Iron Ore Report (January 30)

iconJan 30, 2026 18:22
Source:SMM
Today, the DCE iron ore market witnessed intense volatility. Following a decline in the morning session, the market oscillated during the afternoon. The benchmark contract, I2605, eventually closed at 791.5 RMB/tonne, edging up by 0.06% from the previous trading day.
Steel
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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