[SMM survey] Mines and beneficiation plants are producing as planned, with iron ore concentrates production relatively stable.

Published: Sep 28, 2026 11:42 (GMT+8)
According to the latest SMM statistics, China's overall mine capacity utilization rate this week was 58.1%, down 0.1 percentage points WoW. Iron ore concentrate production was 898,000 mt, down 2,000 mt WoW. Over the same period, mine concentrate inventory fell by 5,000 mt to approximately 248,000 mt.

According to the latest SMM statistics, China's overall mine capacity utilization rate was 58.1% this week, down 0.1 percentage point WoW; iron ore concentrates production was 898,000 mt, down 2,000 mt WoW. Over the same period, mine concentrates inventory fell by 5,000 mt to about 248,000 mt.

Last week, iron ore concentrates production was generally stable, with mines and beneficiation plants mostly producing as planned and no notable fluctuations in concentrates output. On the sales side, affected by the recent decline in domestic ore prices, the cost-effectiveness advantage of domestic concentrates strengthened, market transactions improved from earlier levels, and some mines and beneficiation plants reported that overall demand had recovered somewhat.

This week, with the National Day holiday approaching, some state-owned mines and beneficiation plants are expected to undergo short-term maintenance, and iron ore concentrates production may edge down slightly, but the decline should be limited; after the National Day holiday ends, related production will gradually resume.

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.

Images in this article contain AI-translated captions for reference only.

For any inquiries or for 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
[Explosion at Russia's Largest Coking Coal Deposit Leaves Four Dead]
3 mins ago
[Explosion at Russia's Largest Coking Coal Deposit Leaves Four Dead]
Read More
[Explosion at Russia's Largest Coking Coal Deposit Leaves Four Dead]
[Explosion at Russia's Largest Coking Coal Deposit Leaves Four Dead]
On 26 September, an explosion occurred at the Elga coal mine in Yakutia — Russia's largest coking coal deposit — killing four workers who were carrying out welding operations. Despite the incident, no full production halt has been announced for Elga's core production areas. The key industrial base is estimated to hold 2.2 billion mt of coking coal reserves, and the mine produced 35.1 million mt in 2025. The incident has triggered a criminal investigation into safety violations, which may threaten near-term output at the 8,000-employee facility.
3 mins ago
[SMM Stainless Steel Market Flash] India Tribunal Says Anti-Dumping Duty Forms Part of IGST Calculation
29 mins ago
[SMM Stainless Steel Market Flash] India Tribunal Says Anti-Dumping Duty Forms Part of IGST Calculation
Read More
[SMM Stainless Steel Market Flash] India Tribunal Says Anti-Dumping Duty Forms Part of IGST Calculation
[SMM Stainless Steel Market Flash] India Tribunal Says Anti-Dumping Duty Forms Part of IGST Calculation
India’s CESTAT ruled in a case involving Chinese cold-rolled stainless steel imports that anti-dumping duty levied under the Customs Tariff Act forms part of the relevant customs duty framework and must be reflected in the calculation of IGST on imported goods. The tribunal upheld demands of about INR 2.10 million in anti-dumping duty and INR 377,228 in IGST, together with applicable interest.
29 mins ago
[SMM Steel] Turkish Flat Steel Transits Stably: HRC Eyes New EU Quota Cycle
29 mins ago
[SMM Steel] Turkish Flat Steel Transits Stably: HRC Eyes New EU Quota Cycle
Read More
[SMM Steel] Turkish Flat Steel Transits Stably: HRC Eyes New EU Quota Cycle
[SMM Steel] Turkish Flat Steel Transits Stably: HRC Eyes New EU Quota Cycle
[Turkey] The Turkish flat steel market maintained an overall steady-to-firm tone, with hot-rolled coil (HRC) domestic and export offers holding flat at 620 USD/tonne EXW and 615 USD/tonne FOB, respectively. On the domestic front, two mainstream mills quoted at 620 USD/tonne EXW; two other producers offered at 625 USD/tonne EXW, with production schedules essentially locked in through December. Although some buyers retreated to the sidelines awaiting price corrections due to high-level caution, ample order backlogs have relieved mills of any pressure to discount for sales, keeping the market's firm pricing expectations robust. In the export sector, overseas buyers are closely monitoring the pace of quota consumption. Consequently, coupled with the fact that December-delivery orders to Southern Europe were largely locked in several weeks ago, fresh procurement appetite for shipments clearing customs on January 1st of next year has cooled. On the import side, supported by shipping disruptions and firm domestic mill prices, HRC import prices held steady at 555 USD/tonne CFR.
29 mins ago
Register to Continue Reading
Gain access to the latest insights in metals and new energy
Already have an account?Sign in here