[Brief Review of Domestic Iron Ore] Iron ore concentrate prices in the Tangshan area may have room to rise

Published: Sep 1, 2026 17:08

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Iron ore concentrate prices in the Tangshan region remained relatively stable, with 66% grade iron ore concentrates priced at 960-965 yuan/mt on a dry basis, tax-inclusive EXW. Production at mines and beneficiation plants was relatively stable overall, but steel mill losses have deepened recently.

Iron ore concentrate prices in the Tangshan area are relatively stable, with 66% grade iron ore concentrates at an EXW price of 960-965 yuan/mt on a dry basis including tax. Production at mines and beneficiation plants is generally relatively stable, but steel mill profit losses have recently deepened, leading to a relatively strong desire to bargain down domestic iron ore prices. Some mines and beneficiation plants are inclined to hold prices firm, and overall market transactions have weakened. However, iron ore futures have recently trended stronger, which may drive domestic iron ore prices upward. Local iron ore concentrate prices are expected to have some room to edge higher in the short term. [SMM Steel]

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