[China Iron Ore Brief] Tangshan Area Iron Ore Concentrates Prices Expected to Fluctuate at Highs Next Week

Published: May 9, 2026 17:08

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[China Domestic Ore Brief] Iron ore concentrates prices in the Tangshan area edged up by 10-15 yuan, with current 66-grade iron ore concentrates priced at 990-995 yuan/mt on a dry basis, tax-inclusive, ex-factory. Recently, finished steel prices rose, improving steel mill profits. Combined with imported ore prices fluctuating upward, this drove domestic iron ore concentrates prices to rise. Looking ahead to next week, domestic ore supply remains tight. Demand side, domestic steel mills' high

[SMM Domestic Ore Daily Brief]

Iron ore concentrates prices in Tangshan edged up by 10-15 yuan/mt. The current mine-mouth price for 66-grade iron ore concentrates was 990-995 yuan/mt on a dry basis, tax-inclusive. Recently, finished steel prices rose, improving steel mill profits. Combined with imported ore prices fluctuating upward, this drove domestic iron ore concentrates prices higher. Looking ahead to next week, domestic iron ore supply remains tight. Demand side, hot metal production of steel mill blast furnaces in China showed a declining trend, weakening demand support for iron ore concentrates. Overall, fundamentals weakened slightly, and iron ore prices are expected to fluctuate at highs in the short term. [SMM Steel]

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