[Domestic Iron Ore Brief Commentary] Iron Ore Concentrates Prices in the Tangshan Area May Remain in the Doldrums and Fluctuate Within a Narrow Range

Published: Mar 4, 2026 17:22

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[Domestic Iron Ore Brief Commentary: Iron Ore Concentrates Prices in the Tangshan Area May Remain in the Doldrums and Fluctuate] At the beginning of the week, iron ore concentrates prices in the Tangshan area were relatively stable, with the delivery-to-factory price, tax included, for 66-grade dry-basis iron ore concentrates at 960-970 yuan/mt; mines and beneficiation plants in the area are currently operating normally as expected. During the Two Sessions, no relevant explosives restriction notices were received locally, but overall iron ore concentrates supply remains tight, providing some support to prices. Demand side, some steel mills are currently undergoing maintenance.

Iron ore concentrates prices in the Tangshan area were relatively stable at the beginning of the week. The delivery-to-factory price, tax included, for 66-grade iron ore concentrates on a dry basis was 960-970 yuan/mt. Local mines and beneficiation plants are currently operating normally as planned. During the Two Sessions, no relevant explosives restriction notices were received locally, but overall iron ore concentrates supply remains tight, providing some support to prices. Demand side, some steel mills currently have maintenance plans, weakening demand support for iron ore concentrates. Coupled with the recent choppy trend in iron ore futures, local iron ore concentrates prices are expected to remain in the doldrums with choppy fluctuations in the short term. [SMM Steel]

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