[Domestic Iron Ore Brief Commentary] Iron Ore Concentrates Prices in West Liaoning May Remain in the Doldrums

Published: Mar 5, 2026 17:16

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[Domestic Iron Ore Brief Commentary: Iron Ore Concentrates Prices in West Liaoning May Remain in the Doldrums] The west Liaoning domestic ore market saw no significant fluctuations. The current ex-factory prices of 66 grade iron ore concentrates on a wet basis, excluding tax, were 710-720 yuan/mt. The pace of supply and demand operations was relatively slow, making it difficult to boost market trading activity; some mines and beneficiation plants said they may resume normal production after the Two Sessions, with low enthusiasm for shipments and strong wait-and-see sentiment.

The domestic ore market in western Liaoning saw no significant fluctuations. The current ex-factory prices (wet basis, tax excluded) for 66-grade iron ore concentrates were 710-720 yuan/mt. The pace of supply and demand operations was relatively slow, making it difficult to boost market trading activity. Some mines and beneficiation plants said they may resume normal production after the Two Sessions. They were not very proactive in shipments, with strong wait-and-see sentiment. Buyers were concerned about the outlook, with no large-scale restocking, and overall market transactions were relatively sluggish. It is estimated that local iron ore concentrates prices may fluctuate in the doldrums in the short term. [SMM steel]

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