- Futures
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For China, the Middle East is demonstrating multiple advantages as a future core engine for exports and industrial cooperation. On the demand side, it benefits from long-term, certainty-driven growth fueled by national-level strategies, transitioning from basic infrastructure to high-end manufacturing. Geopolitically and in trade, the Middle East, with its superior location, advanced logistics, and open policies, is gradually replacing Turkey and emerging as a new trade and logistics hub connecting Asia, Africa, and Europe. Crucially, downstream processing and manufacturing clusters—represented by steel pipes, metal structures, and automotive components—are rapidly forming in the Middle East. Leveraging local low-cost energy and incentive policies, a significant agglomeration effect is taking shape. This five-dimensional combination of "stable demand, hub status, open environment, manufacturing base, and cost advantage" positions the Middle East not only as a crucial export destination for Chinese products but also as a strategic springboard for Chinese enterprises to engage in capacity cooperation, establish regional manufacturing centers, and radiate into broader global markets.
[SMM Chrome Daily Review: Cautious Inquiries for Ferrochrome, Divergent Structure in Chrome Ore] December 24, 2025: High-carbon ferrochrome ex-factory prices in Inner Mongolia today were 8,050-8,200 yuan/mt (50% metal content), flat MoM from the previous trading day...
MMi Daily Iron Ore Report (December 24)
Today,DCE iron ore futures initially weakened but later strengthened, with the main contract I2605 closing at 779.5, a slight increase of 0.26% compared to the previous trading day.
