[Domestic Iron Ore Commentary] Iron Ore Concentrates Prices in the Tangshan Area May Have Some Upside Potential

Published: Mar 10, 2026 17:20

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[Domestic Iron Ore Brief Commentary: Iron Ore Concentrates Prices in the Tangshan Area May Have Some Room to Move Higher] The Tangshan domestic ore market saw a wait-and-see stance in supply and demand, with environmental protection-related controls constraining beneficiation production; overall iron ore concentrates resources were relatively tight, and beneficiation plants holding cargo showed strong bullish sentiment. The local delivery-to-factory price, tax included, for 66 grade iron ore concentrates (dry basis) was 970-980 yuan/mt. Steel mills, recently affected by production restrictions, saw a noticeable phased decline in overall hot metal, but it is expected to gradually return to normal next week, so demand support for iron ore concentrates remains. In addition, the recent trend in iron ore futures prices

Tangshan domestic ore market saw a wait-and-see stance in supply and demand. Environmental protection-related controls constrained ore beneficiation production, and overall iron ore concentrates supply was relatively tight. Ore beneficiation operators held a strong bullish sentiment. The local delivery-to-factory price, tax included, for 66-grade iron ore concentrates (dry basis) was 970-980 yuan/mt. Steel mills, affected by production restrictions recently, saw a notable phased decline in hot metal, but it is expected to gradually return to normal next week, so support from demand for iron ore concentrates remains. Coupled with the strong recent performance of iron ore futures, which boosted market confidence, local iron ore concentrates prices are expected to have some room to move higher in the short term. [SMM Steel]

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