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MMI Daily Iron Ore Index Report August 3 2026

Today’s iron ore market performance on the Dalian Commodity Exchange (DCE) remained weak. The DCE benchmark contract I2609 closed at 698 yuan/ton, down 2.85% from the previous trading session. Qingdao port spot prices fell by 9–12 yuan/ton from the previous day. Traders showed low willingness to quote, while steel mills purchased only for rigid needs, ...

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