[China Iron Ore Brief Review] Domestic Iron Ore Concentrates Prices May Have Some Upside Room Next Week

Published: Mar 13, 2026 17:57

Save

[China Iron Ore Brief Review: Domestic Iron Ore Prices May Have Some Upside Room Next Week] This week, prices in China’s iron ore concentrates market edged up slightly. By region, prices in Tangshan, Qian'an, and Qianxi, Hebei rose slightly by 1-5 yuan/mt; western Liaoning areas including Chaoyang, Beipiao, and Jianping rose by 10-15 yuan/mt; east China also saw gains of 10-15 yuan/mt. Supply side, conditions remained relatively tight. Demand side, blast furnaces at steel mills previously under maintenance

China's domestic iron ore concentrates market prices edged up this week. By region, prices in Hebei's Tangshan, Qian'an, and Qianxi rose slightly by 1-5 yuan/mt; prices in western Liaoning's Chaoyang, Beipiao, and Jianping increased by 10-15 yuan/mt; east China also saw gains of 10-15 yuan/mt. Supply remained tight. Demand side, blast furnaces previously under maintenance at steel mills are expected to gradually resume production, continuing to support rigid demand for iron ore concentrates. Resources in other regions were also tight, and with iron ore futures holding up well this week, spot prices were further supported, driving price increases in many areas. Looking ahead to next week, as blast furnace production resumptions at steel mills advance, hot metal production is expected to continue rebounding, further strengthening support for demand for iron ore concentrates, with a clear trend of marginal fundamental improvement. Overall, domestic iron ore concentrates prices are expected to retain upside room next week. [SMM Steel]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

Strong Cost Support Remained; Ferrous Metals May Hold Up Well in the Short Term [SMM Steel Industry Chain Weekly Report]

This week, ferrous metals rebounded from the bottom. At the start of the week, coking coal and coke led the futures higher, mainly driven by rising crude oil prices in the overseas market, which pushed the energy and chemicals sector stronger accordingly; mid-week, both the U.S. and Iran signaled a more relaxed stance toward war, easing geopolitical tensions, while coal prices fell in tandem, weakening the cost-side logic, and ferrous metals fluctuated at highs; in the latter half of the week, worsening short-term liquidity issues in BHP's iron ore port inventory triggered stronger iron ore prices in the overseas market, while the Middle East situation remained volatile, reinforcing cost support and pushing ferrous metals higher again. In the spot market, supported by futures, end-user and arbitrage purchase sentiment both improved WoW this week......

Common.Time.hoursAgo

[SMM Daily HRC Trading Volume] Futures Hovered at Highs, Spot Trading Changed Relatively Little

[SMM Daily HRC Trading Volume] On March 13, the total daily HRC trading volume of sample enterprises in SMM's four cities (Shanghai, Lecong, Tianjin, Ningbo) was 15,910 mt, down 40 mt day on day (-0.3%), down 11.27% YoY on a calendar basis, and up 12.20% YoY on a lunar calendar basis.

Common.Time.hoursAgo

MMi Daily Iron Ore Report (March 13)

The continuous iron ore contract opened with a gap up today, showing strength in the early morning but weakening in the afternoon. The main contract, I2605, eventually closed at 811.5 CNY/ton, up 2.33% from the previous trading session.

Common.Time.hoursAgo