[China Iron Ore Brief] China Iron Ore Concentrates Prices May Fluctuate at Highs Next Week

Published: May 8, 2026 17:58

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[Domestic Iron Ore Brief] Domestic iron ore concentrates market prices were basically stable this week. In terms of regional performance, prices in Tangshan, Qian'an, and Qianxi in Hebei edged up by 5-10 yuan/mt; prices in Chaoyang, Beipiao, and Jianping in western Liaoning were basically stable; prices in east China declined by 1-5 yuan/mt.

[SMM Domestic Ore Daily Brief]

Domestic iron ore concentrates market prices were basically stable this week. Regionally, prices in Tangshan, Qian'an, and Qianxi in Hebei edged up by 5-10 yuan/mt; prices in Chaoyang, Beipiao, and Jianping in western Liaoning were basically stable; prices in east China declined by 1-5 yuan/mt.

Looking ahead to next week, domestic iron ore supply remains tight. Demand side, hot metal production of steel mill blast furnaces in China shows a declining trend, weakening support for iron ore concentrates demand. Overall, fundamentals have slightly weakened. However, bullish sentiment in the market has been relatively strong recently, and iron ore futures are expected to remain at highs. Domestic iron ore concentrates prices are expected to continue to fluctuate at highs next week. [SMM Steel]

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