MMi Daily Iron Ore Report (Dec 6)

Dec 06, 2024, at 5:52 pm
SMM

Today, iron ore fluctuated downward throughout the day, with the most-traded contract I2501 closing at 797.5 yuan/mt, down 0.93% for the day. Traders showed moderate willingness to sell; steel mills remained cautious, with some planning tenders.

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Analysis
Steel

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[SMM Data] November Electrolyte Production Increased MoM; Output Expected to Slightly Decline Next Month
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The production of high-purity manganese sulphate increased slightly in November and is expected to decrease in December.

MMi Daily Iron Ore Report (Dec 6)

[SMM Data] November Electrolyte Production Increased MoM; Output Expected to Slightly Decline Next Month

The production of high-purity manganese sulphate increased slightly in November and is expected to decrease in December.