MMI Daily Iron Ore Index Report May 14 2026 in Chinese iron ore and steelmaking prices 14/05/2026 Today, the DCE Iron ore futures showed a weak-then-strong patiern today. The most-traded contract I2609 ultimately closed at 817 yuan/mt, basically flat compared to the previous trading day. Port spot prices were down 2-5 yuan/mt from the previous day. Traders offered prices in line with the market; steel mills purchased as needed; overall spot trading sentiment was lukewarm. SMM data on ten ports by product category showed that total port inventory fell 1.7 million mt WoW from pre-holiday levels, with fines, concentrates, and lump ore all destocking. By major product, inventory of Jimblebar fines, blended fines, Mac fines, and super special fines declined notably, while inventory of IOCJ fines, PB fines, PB lump, and Newman fines increased somewhat, posing certain pressure on future prices. On the macro front, market atiention today focused on Trump’s visit to China. As of now, no positive news has emerged. Atiention should be paid to the impact of subsequent news on futures. Ore prices are expected to maintain a fluctuating trend at highs in the short term. Download PDF Source: Metals Market Index (MMI) 2026-05-14 hellenicshippingnews... tweet Share