MMI Daily Iron Ore Index Report July 10 2026

AI Summary

The DCE iron ore futures market showed a slight decline with iron ore contracts closing at 751.5 yuan/mt, while spot prices in ports increased moderately. Trader activity was moderate, with steel mills purchasing mainly for restocking purposes.

Today, the DCE iron ore futures trended weaker today, with contract 12609 closing at 751.5 yuan/mt, up 0.87% from the previous trading day. Port spot prices rose 2-5 yuan/mt from the prior trading day. Trader activity was moderate, and steel mills mainly purchased for essential restocking. As of now spot trading volumes were moderate. SMM’s ...