[Domestic Iron Ore Brief Commentary] Domestic Iron Ore Prices May Have Some Room to Rise Next Week

Published: Mar 6, 2026 17:33

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[Domestic Iron Ore Brief: Domestic Iron Ore Prices May Have Some Room to Edge Up Next Week] This week, domestic iron ore concentrates prices showed a divergent trend with regional differences. Prices in Tangshan, Qian’an, Qianxi, and other areas of Hebei were mostly stable, while those in Chaoyang, Beipiao, Jianping, and other areas of western Liaoning fell by 20-30 yuan/mt; east China saw a slight uptick, with increases of 10-15 yuan/mt. Recently, due to safety inspections related to the Two Sessions, overall iron ore concentrates supply remained relatively tight, providing some support to iron ore concentrates prices. Meanwhile, iron ore futures have been relatively strong recently, which was expected to boost market confidence and drive a slight rise in domestic ore prices. It was expected that next week domestic iron ore prices would continue to edge up slightly.

This week, domestic iron ore concentrates market prices diverged, showing regional differences. Prices in Tangshan, Hebei, and areas such as Qian'an and Qianxi were mostly stable, while those in Chaoyang, Beipiao, and Jianping in western Liaoning fell by 20-30 yuan/mt; east China saw a slight uptick, with increases of 10-15 yuan/mt. Recently, affected by safety inspections during the Two Sessions, overall iron ore concentrates supply remained relatively tight, providing some support to iron ore concentrates prices. Meanwhile, iron ore futures were relatively strong recently, which was expected to boost market confidence and drive a slight rise in domestic ore prices. Domestic iron ore concentrates prices were expected to still have upside room next week. [SMM steel]

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