MMI Daily Iron Ore Index Report August 20 2026
Iron ore futures traded weak today. The DCE most-active contract I2701 settled at RMB 707/mt, down 1.19% from the previous trading day. Spot prices at Qingdao Port fell RMB 4-5/mt. Traders showed low enthusiasm in offering, while mills restocked on an as-needed basis at a measured pace, leaving overall spot transactions light. SMM’s latest inventory ...
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