Iron Ore Brief: Prices in Western Liaoning May Fluctuate Weakly Amid Sluggish Market

Domestic Iron Ore Brief: Prices of Iron Ore Concentrates in Western Liaoning May Fluctuate with a Stable and Weak Trend

Low-priced resources are hard to find in the domestic ore market in Western Liaoning, and overall market transactions remain sluggish. The ex-factory price of local 66-grade wet basis iron ore concentrates excluding tax is 700-710 yuan/mt, with occasional high-price transactions, which are rare. Although large mines hold small inventories, most are not releasing them for now.