[China Iron Ore Brief] Iron Ore Concentrates Prices in Shandong Region May Show Volatile Trend

Published: Apr 13, 2026 18:03

Save

[Domestic Iron Ore Brief] This week, the mine-mouth price of 64-grade alkaline powder (dry basis, pre-tax, bank acceptance) in Shandong was reported at 880, down 14. Steel mills adjusted prices downward in sync. Miners mostly maintained normal production. Steel mills' purchase pace slowed down WoW. Small mills and traders shipped at prevailing market prices. Some resources in the Linyi area flowed to Hebei, but overall

This week, the pre-tax acceptance ex-mine price of 64-grade alkaline concentrates on a dry basis in Shandong was reported at 880, down 14. Steel enterprises adjusted prices downward accordingly. Miners mostly maintained normal production. The purchase pace of steel enterprises slowed down WoW. Small plants and traders shipped at prevailing market prices. In the Linyi area, some resources flowed to Hebei, but overall, market transactions were relatively sluggish. The market was currently focused on negotiation-related outcomes, with a relatively strong wait-and-see sentiment. Coupled with the recent volatile trend in iron ore futures, local iron ore concentrates prices were expected to remain range-bound in the short term. [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

1 hour ago

Production of Rebar and Hot-Rolled Coil Both Declined, Inventory Slightly Destocked

During the survey period (May 19–May 25), in the Central China region, the rebar operating rate rose while the capacity utilization rate declined, and both the wire rod operating rate and capacity utilization rate decreased.

1 hour ago

2 hours ago

[SMM Analysis] Weak Downstream Consumption Increases Pressure on Ex-China Steel Trading

2 hours ago

[SMM Stainless Steel Market Flash] TECO to Buy 78% of Malaysia’s Dynaciate for $50.8 Million

TECO Electric & Machinery has signed an agreement to invest about MYR 200 million, or roughly $50.8 million, to acquire about 78% of Malaysian engineering company Dynaciate Engineering. TECO said Dynaciate will become its global manufacturing hub for modular data center and power equipment products, while also serving as an engineering hub for its expansion in Southeast Asia’s data center infrastructure market.

2 hours ago