MMi Daily Iron Ore Report (March 10)

Mar 10, 2025, at 10:08 am
SMM

Today, Dalian iron ore fluctuated repeatedly, with the most-traded I2505 contract closing at 769 yuan/mt, down 0.71% for the day. Traders remained less motivated to sell, while steel mills mainly purchased as needed, leading to a sluggish market atmosphere.

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Analysis
Steel

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Data: SHFE, DCE market movement (Mar 10)
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SMM • 7 days ago
The recovery of lead concentrate supply lagged behind the refined lead, making lead concentrate TC (treatment charges) more likely to fall than to rise In Mar-25.

MMi Daily Iron Ore Report (March 10)

Data: SHFE, DCE market movement (Mar 10)

The recovery of lead concentrate supply lagged behind the refined lead, making lead concentrate TC (treatment charges) more likely to fall than to rise In Mar-25.