[Domestic Iron Ore Review] Prices of iron ore concentrates in the Tangshan region may fluctuate in the doldrums.

Published: Feb 26, 2026 17:39
[Domestic Iron Ore Brief: Iron Ore Concentrate Prices in Tangshan Expected to Remain in the Doldrums] Iron ore concentrate prices in Tangshan edged down slightly, with the delivery-to-factory price, tax included, for 66% grade iron ore concentrates on a dry basis at 960–965 yuan/mt. Overall supply of iron ore concentrates from mines and beneficiation plants remains tight. As the Two Sessions approach, local mines and beneficiation plants have not yet received any related restrictions on explosives and are generally maintaining normal production as planned. On the demand side,

The price of iron ore concentrates in the Tangshan region experienced a slight decline, with the delivery-to-factory price, tax included, for 66% grade iron ore concentrates (dry basis) at 960-965 yuan/mt. On the supply side, overall resources of iron ore concentrates remain tight at mines and beneficiation plants. Approaching the Two Sessions, local mines and beneficiation plants have not yet received any notifications regarding restrictions on explosives, and most are maintaining normal production as planned. Demand side, some local steel mills have received relevant notices indicating possible short-term maintenance or reduced production loads during the Two Sessions, weakening support for iron ore concentrates demand. Coupled with the recent weak performance in iron ore futures, the local iron ore concentrates price is expected to remain in the doldrums in the short term. [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.

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