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MMI Daily Iron Ore Index Report August 21 2026

Iron ore futures traded steady today. The DCE most-active contract I2701 settled at RMB 707.5/mt, up 0.21% from the previous trading day. Spot prices at Qingdao Port rose by RMB 1-4/mt. Traders largely followed the market, while mills purchased on an as-needed basis, leaving overall spot transaction volumes moderate. Both supply and demand for iron ...

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