On January 15, Australia's iron ore 62% Fe, CFR China, slightly went up by US$0.35 to US$100.85, which continues to hit a new high since January 3 and has stayed above the $100 mark for two consecutive days. Besides, iron ore has risen for five consecutive trading days, accumulating an increase of US$4.25, or 4.4%. So far, it has slightly risen by US$0.25 since the beginning of this year.

The continuous release of positive policy signals from China, along with this year's economic growth target set at approximately 5%, boosted market sentiment. Ferrous futures commodities exhibited fluctuations; spot steel prices steadily increased, and iron ore prices rose further, driven by the potential phased implementation of Trump's tariff policies and a decline in port arrivals in China.

According to market analysts, the current maintenance plans for steel mill blast furnaces suggest a clear trend toward a rebound in molten iron production. However, overall seasonal demand in the steel market remains subdued, leading to decreased demand for iron ore. Traders show moderate enthusiasm for quotation, while steel mills remain cautious in their inquiries. In the short term, a slightly volatile market trend is anticipated.