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  Summary of Imported Iron Ore Transaction Prices on April 22

  【SMM Iron Ore Price Transaction Summary】On April 22, prices showed mixed performance compared to the previous trading day. The PB fines in the main ports of Shandong were 770 yuan, and the super special fines were 630 yuan. In the main ports of Hebei, the PB fines were 770 yuan, and the super special fines were 638 yuan. (Unit: yuan/wmt)

• [SMM Daily Review] Downstream Demand Remains Weak, Manganese Ore Spot Market in the Doldrums

  【SMM Daily Review】Weak Downstream Demand Keeps Manganese Ore Spot Market in the Doldrums April 22: Northern Ports: Australian lump 40-40.5 yuan/mtu, down 5.85% MoM; Australian seed 38.5-39.5 yuan/mtu, down 2.50% MoM; South African semi-carbonate 34-34.5 yuan/mtu, down 1.44% MoM; Gabon 38.5-39.5 yuan/mtu, down 4.88% MoM; South African high-iron 31-31.5 yuan/mtu, flat MoM. Southern Ports: Australian lump 42.5-43 yuan/mtu, down 4.47% MoM; Australian seed 40.5-41 yuan/mtu, flat MoM; South African semi-carbonate 35-35.5 yuan/mtu, flat MoM; Gabon 41.5-42.5 yuan/mtu, down 3.45% MoM; South African high-iron 29.5-30 yuan/mtu, down 1.65% MoM. Overseas mine shipments are gradually recovering, and port manganese ore inventory has slightly accumulated. Downstream alloy plants in both north and south China have shown intentions to reduce or halt production, resulting in weak enthusiasm for raw material procurement. Miner offers are somewhat chaotic, and transaction prices for manganese ore spot cargo are on a downward trend.

• MMi Daily Iron Ore Report (April 22)

  Today, the DCE iron ore futures held up well throughout the day, with a brief pullback in the afternoon followed by a slight rebound. The most-traded contract I2509 closed at 711, up 0.21% for the day. Traders sold goods according to market conditions, while steel mills showed stronger purchase willingness, mainly purchasing as needed.

• MMi Iron Ore Port Spot Index Report (22nd)

  Today, the iron ore futures held up well throughout the day, with a brief pullback in the afternoon followed by a slight rebound. The most-traded contract I2509 finally closed at 711, with a daily increase of 0.21%. Traders sold goods according to market conditions, while the purchase willingness of steel mills strengthened, mainly purchasing as needed.

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