Dalian iron ore fluctuated repeatedly throughout the day. The most-traded I2505 contract finally closed at 800.5 yuan/mt, up 0.13% for the day. The sentiment in the spot market was average.

EMM Prices Remain Firm, Market Temporarily Stable] The average spot price of EMM in major production areas stood at 12,400-12,600 yuan/mt, flat MoM; FOB prices averaged $1,700-1,740/mt, also flat MoM.

Futures Fluctuate Upward, Market Remains Stable] The SM2505 contract opened at 6,750 yuan/mt, fluctuated upward after the morning session, and finally closed at 6,764 yuan/mt, up by 1.08%. The daily ...

[US Secondary Copper Raw Material Exports: Slight Decline in Chinese Demand, Thailand Market Emerges] According to SMM, in November 2024, US secondary copper raw material exports reached 86,800 mt, up ...