MMi Daily Iron Ore Report (September 15)

Published: Sep 15, 2026 17:57 (GMT+8)
Iron ore futures were weaker today. The DCE most-traded I2701 contract settled at 707.5 yuan/mt, down 0.56% from the previous session. Qingdao port spot prices were mixed, ranging from down 3 yuan/mt to up 2 yuan/mt. Traders were reluctant to offer and some mills bought on dips. Spot trading was thin.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn