[Domestic Iron Ore Brief Commentary] Domestic Iron Ore Prices May Have Some Room to Rise Next Week

Published: Mar 6, 2026 17:33

Save

[Domestic Iron Ore Brief: Domestic Iron Ore Prices May Have Some Room to Edge Up Next Week] This week, domestic iron ore concentrates prices showed a divergent trend with regional differences. Prices in Tangshan, Qian’an, Qianxi, and other areas of Hebei were mostly stable, while those in Chaoyang, Beipiao, Jianping, and other areas of western Liaoning fell by 20-30 yuan/mt; east China saw a slight uptick, with increases of 10-15 yuan/mt. Recently, due to safety inspections related to the Two Sessions, overall iron ore concentrates supply remained relatively tight, providing some support to iron ore concentrates prices. Meanwhile, iron ore futures have been relatively strong recently, which was expected to boost market confidence and drive a slight rise in domestic ore prices. It was expected that next week domestic iron ore prices would continue to edge up slightly.

This week, domestic iron ore concentrates market prices diverged, showing regional differences. Prices in Tangshan, Hebei, and areas such as Qian'an and Qianxi were mostly stable, while those in Chaoyang, Beipiao, and Jianping in western Liaoning fell by 20-30 yuan/mt; east China saw a slight uptick, with increases of 10-15 yuan/mt. Recently, affected by safety inspections during the Two Sessions, overall iron ore concentrates supply remained relatively tight, providing some support to iron ore concentrates prices. Meanwhile, iron ore futures were relatively strong recently, which was expected to boost market confidence and drive a slight rise in domestic ore prices. Domestic iron ore concentrates prices were expected to still have upside room next week. [SMM steel]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

42 mins ago

Data: SHFE, DCE market movement (Apr 17)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 17 Apr , 2026

42 mins ago

50 mins ago

[SMM Analysis] Indonesian Nickel Ore Drives Futures Higher, Stainless Steel Inventory Continues Mild Destocking

50 mins ago

1 hour ago

【SMM Steel】Japan's HRP and HRS shipments down 0.2% in Feb 2026 from Jan

【SMM Steel】Japan's HRP shipments fell 0.2% m-o-m to 641,568t in Feb 2026 but rose 8.5% y-o-y. 76.5% went to domestic market, 23.5% exported. Production was 634,528t. HRS shipments fell 0.7% m-o-m to 1.13Mt, down 7.1% y-o-y. 27.7% domestic, 72.3% exported. Production was 1.08Mt, down 14.5% m-o-m but up 1.5% y-o-y.

1 hour ago