Domestic Iron Ore Market Analysis: Tangshan Area Still has Room for Domestic Iron Ore Powder to Upsurge

Yesterday, the leading steel mills in the Tangshan area once again raised the price of fine powder by 10 yuan, with a tax-inclusive ex-factory price of 1240-1250 yuan/ton for 66-grade dry base. Tomorrow, local environmental protection production restrictions will be implemented again in Tangshan, and the market sentiment for Tangshan iron powder is gradually becoming stronger. Currently, there is a shortage of spot resources in the market, considering that there is no large-scale resumption of mining in the local area, and the ore supply is insufficient...