MMI Daily Iron Ore Index Report July 1 2026

AI Summary

The iron ore market on the Dalian Commodity Exchange experienced volatility with a decline in contract prices. Port spot prices for iron ore also fell, while steel mill inquiries increased modestly amidst moderate trader activity.

The Dalian Commodity Exchange iron ore market showed volatile trading today, with contract I2609 finally closing at 733 yuan/ton, down 1.68% from the previous trading session. Port spot prices fell by 10–12 yuan/ton from the prior day. Trader activity was moderate, while steel mill inquiries increased; however, spot transaction volumes remained generally modest as of ...