[China Iron Ore Brief Review] Iron Ore Prices in the Tangshan Area May Have Some Room to Move Higher

Published: Mar 12, 2026 16:45

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[China Iron Ore Brief: Iron Ore Concentrates Prices in Tangshan Had Some Room to Move Higher] Iron ore concentrates prices in Tangshan were relatively stable this week, with the ex-factory prices of 66-grade dry-basis, tax-included iron ore concentrates at 970-980 yuan/mt. As the important meeting was about to close, the impact of environmental protection and safety inspections gradually weakened, and some mines and beneficiation plants showed stronger willingness to produce, though overall iron ore concentrates resources remained relatively tight. According to SMM tracking, after the meeting ended, some mines and beneficiation plants that had suspended production earlier

Tangshan iron ore concentrates prices were relatively stable this week, with the ex-factory prices of 66-grade dry-basis, tax-included iron ore concentrates at 970-980 yuan/mt. As the important meeting is about to close, the impact of environmental protection and safety inspections gradually weakened, and some mines and beneficiation plants showed stronger production enthusiasm, but overall iron ore concentrates supply remained relatively tight. According to SMM tracking, after the meeting ends, some mines and beneficiation plants that had previously suspended production will gradually resume operations, but the specific timing of production resumption remains undecided. Steel mills, blast furnaces previously under maintenance will gradually return to normal production, continuing to support demand for iron ore concentrates. In addition, recent strong iron ore futures trends are expected to leave some room for further gains in local iron ore concentrates prices in the short term. [SMM Steel]

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