MMI Daily Iron Ore Index Report January 09 2026 in Chinese iron ore and steelmaking prices 09/01/2026 Dalian iron ore futures exhibited a weak, volatile trend today. The benchmark contract I2605 ultimately closed at 814.5 RMB/tons, a decline of 0.73% compared to the previous trading day. In the physical market, prices remained largely unchanged. Traders showed average enthusiasm for quoting, predominantly following prevailing market trends, while steel mill procurement was driven primarily by rigid demand, resulting in a generally average trading atmosphere. According to SMM statistical data, total iron ore inventories across 35 ports nationwide reached 147.03 million tons this week, an increase of 1.77 million tones week-on-week. Concurrently, the average daily port discharge volume for the week stood at 2.475 million tons, a week-on-week rise of 23,000 tons. Although this synchronous recovery in discharge volumes demonstrates lingering resilience on the demand side, the loose supply landscape has capped the potential for price upside. Looking ahead, as the market formally enters the critical window for pre-Lunar New Year restocking next week, expectations for steel mill replenishment are set to realize. Consequently, support from rigid iron ore demand remains robust. Taking all factors into account, iron ore prices are projected to continue their pattern of fluctuation at elevated levels in the short term. Download PDF Source: Metals Market Index (MMI) 2026-01-09 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share