[China Iron Ore Brief] Next week, China's iron ore prices may consolidate on a subdued note.

Published: Jul 24, 2026 17:17

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[Daily Briefing on Domestic Iron Ore]
This week China's iron ore concentrates market prices were largely stable. By region, prices in Hebei's Tangshan, Qian'an, and Qianxi edged down 1-5 yuan/mt; in western Liaoning's Chaoyang, Beipiao, and Jianping they were largely stable; and in east China they rose 1-5 yuan/mt. Looking ahead to next week, production resumption expectations for domestic ore exist in some areas, and domestic concentrates output may edge up slightly, but resources will remain tight overall. On the demand side, environmental protection inspections strengthened, maintenance expectations for some steel mills in north China increased, and hot metal output is expected to continue its downward trend. In the short term the market is characterized by weak supply and demand. Next week China's iron ore concentrates prices are expected to consolidate on a subdued note. [SMM Iron Ore]

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