MMI Daily Iron Ore Index Report August 18 2026
Iron ore futures firmed modestly today. The DCE most-active contract I2701 settled at RMB 714/mt, up 0.85% from the previous session. Spot prices at Qingdao Port rose RMB 2-3/mt from the previous trading day. Traders were reasonably active in offering, while mill purchases were largely restocking on a just-in-need basis, leaving overall spot transaction volumes ...
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