Today, the DCE iron prices fluctuated within a narrow range, with the main contract I2605 closing at 760.5, down 0.33% compared to the previous trading day. Traders adjusted their sales strategies based on market condi ons. As the week approached Friday, steel mills showed limited purchasing interest, with some lowering prices to procure according to their immediate needs. Overall market senment remained subdued. In Shandong, the transac on price for PB fines ranged from 778 to 782 yuan per ton, up 0–3 yuan from the previous day. In Hebei, the transac on price for PB fines ranged from 792 to 800 yuan per ton, also up 03 yuan from the previous day. The new port storage fee regula ons introduced today sparked market discussions. If implemented, these rules are expected to significantly impact some foreign-funded enterprises and non-mainstream traders, poten ally triggering short-term selling pressure and a pessimis c market senment. Considering that the macroeconomic narra ve has largely concluded, iron ore prices have returned tofundamentals. However, with fundamentals remaining rela vely weak, it is an cipated that ore prices will con nue to exhibit weak and vola le trends in the coming week.

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Source: Metals Market Index (MMI)