DCE iron ore futures tight by 1.56%. the main contract closed 912.5. some traders were active to sell, steel mills purchased on demand. Today the overall market transaction atmosphere is acceptable.
As of January 31, China’s export price of HRC was 118.4 yuan/mt higher than the average SMM domestic price, and the price difference increased by 115.1 yuan/mt from the previous month; the export price rose 304.22 yuan/mt from December 30.
DCE iron ore futures weakly again，the main contract closed 888.5，an decrease of 0.78% throughout the day; some traders were negative to sell, Some steel mills tended to be wait-and-see, and purchasing enthusiasm is not high.