[Brief Review of China’s Iron Ore Market] Iron Ore Concentrate Prices in West Liaoning May Fluctuate Next Week

Published: Apr 3, 2026 17:15

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[China Iron Ore Brief Review] In west Liaoning, local iron ore concentrates prices fell slightly by 5 yuan/mt, with the ex-factory prices of 66-grade iron ore concentrates, wet basis and excluding tax, at 735-740 yuan/mt; recently, production at some local mines and beneficiation plants was hindered by environmental protection inspections, leaving overall iron ore concentrates resources relatively tight. Demand side, steel mills were mainly purchasing as needed, and the whole

In west Liaoning, local iron ore concentrates prices fell slightly by 5 yuan/mt, with the ex-factory prices of 66-grade iron ore concentrates, wet basis and excluding tax, at 735-740 yuan/mt; recently, production at some local mines and beneficiation plants was hindered by environmental protection inspections, leaving overall iron ore concentrates resources relatively tight. Demand side, steel mills currently mainly purchased as needed, and the overall desire to bargain down prices was relatively strong, leaving the market in a situation of both weak supply and weak demand in the short term. Considering the recent weak trend in iron ore futures, domestic iron ore prices were expected to fluctuate overall next week. [SMM Steel]

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