Telah Terbit: May 8, 2024 18:16
【Quick Comment on Domestic Iron Ore: There’s a Chance of a Decline in the Price of Concentrated Powder in Tangshan】The Tangshan iron powder market is dominated by steel enterprises. Recently, the local leading steel mills have raised the bidding prices for concentrated powder, with the ex-factory price (including tax) for 66% dry basis reaching RMB 1,070-1,080 per ton. The local iron powder resources remain tight, and there is a strong sentiment of waiting and seeing among mining operators. Independent mining plants are still in a loss-making state, with losses ranging from RMB 20 to 30 per ton. One mining plant is subject to restrictions...

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【Quick Comment on Domestic Iron Ore: There’s a Chance of a Decline in - Shanghai Metals Market (SMM)