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MMI Daily Iron Ore Index Report August 18 2025

Today, the most-traded iron ore futures contract I2601 was in the doldrums, closing at 772, down 0.64% WoW from last Friday. Traders sold as per market conditions; steel mills purchased as needed, with moderate inquiries. The overall trading atmosphere was average. In Shandong, the mainstream transaction prices for PB fines were around 770 yuan/mt, down …

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