[China Iron Ore Brief] Iron Ore Concentrates Prices in Tangshan Area May Continue to Fluctuate

Published: Apr 16, 2026 17:25

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[Domestic Iron Ore Brief Review] The domestic ore market in the Tangshan area was relatively stable. Currently, the ex-factory prices of 66-grade iron ore concentrates on a dry basis, tax included, were 975-980 yuan/mt. Most mine and beneficiation plants were in production suspension, with only a few operating at low volumes or on a flexible basis. Iron ore concentrates production was low, and considering factors such as costs, asking prices remained firm. Today, local sources reported that a Level 2 environmental protection alert was once again activated, but most blast furnaces at steel mills were currently operating normally.

The domestic ore market in the Tangshan area remained relatively stable. Currently, the ex-factory price of 66-grade iron ore concentrates (dry basis, tax-inclusive) stands at 975-980 yuan/mt. Most mine and beneficiation plants are in a state of production suspension, with only a few operating at low volumes or on a flexible basis. Concentrates production is relatively low, and asking prices remain firm given cost considerations and other factors. Today, local sources reported that the region is once again responding to a Level II environmental protection early warning. However, most steel mill blast furnaces are currently operating normally, continuing to provide support for iron ore concentrates demand. Overall, it is estimated that local iron ore concentrates prices are likely to maintain a volatile trend in the short term. [SMM Steel]

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