MMi Daily Iron Ore Report (October 19)

Published: Oct 19, 2026 18:09 (GMT+8)

Save

Iron ore futures were firmer today. The DCE most-traded contract settled at 682.5 yuan/mt, up 1.49% from the previous session. Qingdao port spot prices rose about 6-11 yuan/mt on average. Trader activity was moderate and mills bought on an as-needed basis. 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

Related News

4 hours ago

Port stocks build despite lower arrivals; iron ore upside limited [SMM Daily Iron Ore Brief]

4 hours ago

9 hours ago

[ Knauf Interfer Inaugurates Delta Stahl Capacity Expansion ]

German steel distributor Knauf Interfer inaugurated a major expansion of its Delta Stahl service centre in Barsinghausen on October 14, 2026. The capital upgrade includes a brand-new, high-speed cut-to-length line designed to optimize the processing of heavyweight flat-rolled coils. The enhanced downstream capacity allows the distributor to capture higher margins by fulfilling specialized, just-in-time structural steel orders for Northern Europe's demanding manufacturing tier. [SMM Iron Ore]

9 hours ago

[ Norway Initiates Reuse of Decommissioned Ship Steel for Construction ]

Norwegian authorities introduced a targeted industrial initiative on October 17, 2026, focusing on the direct reuse of structural steel from decommissioned maritime vessels in domestic construction projects. The circular economy mandate aims to heavily slash the carbon footprint associated with importing virgin flat-rolled and structural steel products. By repurposing high-grade maritime scrap, the country systematically curbs local dependence on foreign electric arc furnace and blast furnace production. [SMM Iron Ore]

9 hours ago