[China Iron Ore Brief] Iron ore concentrates prices in China may edge down next week.

Published: Aug 7, 2026 17:02

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Prices in China's iron ore concentrates market fell notably this week. From a regional perspective, prices in Tangshan, Qian'an, and Qianxi in Hebei were cut by 15-20 yuan/mt; Chaoyang, Beipiao, and Jianping in western Liaoning edged down by 5-10 yuan/mt; and east China edged down by 5-10 yuan/mt.

This week, domestic iron ore concentrate prices declined notably. By region, prices in Tangshan, Qian’an, and Qianxi in Hebei were lowered by 15-20 yuan/mt; those in Chaoyang, Beipiao, and Jianping in western Liaoning edged down by 5-10 yuan/mt; and east China saw a decline of 5-10 yuan/mt.
Supply has recently recovered with some growth, and the firm pricing stance of mines and beneficiation plants has softened. On the demand side, steel mills mostly pushed for lower procurement prices under loss pressure. Overall, domestic concentrate prices showed a downward trend this week. Looking ahead to next week, some mines and beneficiation plants are still expected to resume production, which may temporarily ease the tight concentrate supply; on the demand side, hot metal production at steel mill blast furnaces is likely to decline further. In summary, domestic iron ore concentrate prices remain under slight downward pressure. [SMM Steel]

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