MMI Daily Iron Ore Index Report June 12 2026 in Chinese iron ore and steelmaking prices 12/06/2026 DCE iron ore futures trading was in the doldrums today. The most-traded contract, I2609, eventually closed at 764 yuan/mt, down 0.33% from the previous trading session. Port spot prices were unchanged from the previous day. Traders showed average enthusiasm in quoting; steel mills purchased as needed with few inquiries, and spot trading volume was low as of now. SMM survey data show that as of today, total iron ore inventory at major Chinese ports reached 149.35 million mt, a WoW increase of 960,000 mt. Inventory edged up slightly, while daily average port pick-up volume edged up by 68,000 mt to 3.268 million mt. Overall supply was relatively loose, exerting strong downward pressure on ore prices. Additionally, the seventh round of coke price increase was officially announced today. Steel mill profits are expected to shrink, and bearish sentiment on iron ore prices fermented in the market. Overall, ore prices currently face significant upward resistance and are expected to continue hovering at lows in the short term. Download PDF Source: Metals Market Index (MMI) 2026-06-12 hellenicshippingnews... tweet Share