DCE: Iron ore prices fall as China eases product restrictions.

In the evening session this Thursday (19), the May contract of iron ore in Dalian Exchange (DCE) It ended with a moderate drop of 0.55%, at 807.5 yuan (US$117.04) per ton.

In this trading session, prices for the steelmaking ingredient were pressured by the Chinese government's measure to ease some restrictions on the purchase of… Jimblebar iron ore from the Australian BHP. 

The permit is intended for cargo that was already in the ports of China and aims to alleviate market concerns about supply this week. However, the restriction remains in place for imports.

Meanwhile, regarding demand, according to an executive from China Iron and Steel Association near ReutersDemand for steel in the country is expected to decline by about 1%, while exports of the derivative are expected to fall compared to 2025 levels. 

THE Colombia imposed tariffs of 35% on imports of 14 steel and metallurgical products from countries without free trade agreements, including China. 

Limiting further losses, daily pig iron production increased by 38,000 tons compared to last week, according to a statement from… Shanghai Metals MarketThe entity also projects that the volume will grow even more until tomorrow (20).

This text was translated by machine from Brazilian Portuguese.