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SMM Iron Ore Import Profit Daily Review 7 Sept 2026

freight_commodity_indices UTC: 2026-09-07 21:00:00

Average import profit for iron ore this period narrowed slightly from -RMB 1.84/mt to -RMB 2.43/mt, mainly on the back of higher freight rates and exchange rate fluctuations. As of the end of last week, iron ore port inventories posted a modest drawdown, but demand was tending...

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