[China Iron Ore Brief] Domestic Iron Ore Concentrates Prices May Show Volatile Movement Next Week

Published: May 15, 2026 17:07

Save

[Domestic Iron Ore Brief] The domestic ore market in western Liaoning recently saw a slight increase driven by the persistently strong external market. The current ex-factory prices of iron ore concentrates with 66% grade on a wet basis and tax-exclusive rose by 5 yuan to 740-745 yuan/mt. Mines and beneficiation plants were affected by environmental protection and safety inspections, and overall iron ore concentrates resources remained tight. Asking prices were relatively firm. Steel mills and traders

[SMM Domestic Ore Daily Brief]

Domestic iron ore concentrates market prices edged up slightly this week. By region, prices in Tangshan, Qian'an, and Qianxi in Hebei rose slightly by 1-5 yuan/mt; prices in Chaoyang, Beipiao, and Jianping in western Liaoning increased by 5-10 yuan/mt; east China also saw gains of 10-15 yuan/mt. Looking ahead to next week, domestic iron ore concentrates market resources will remain relatively tight; on the demand side, according to SMM tracking, steel mill blast furnace hot metal output showed a declining trend, weakening demand support for iron ore concentrates. The market tug-of-war sentiment is relatively evident, and domestic concentrates prices are expected to fluctuate next week. [SMM Steel]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

9 mins ago

5.15 SMM Global Steel Daily Report

[Turkey] Recently, Turkish long steel giant Kardemir launched a new round of billet sales. By slightly lowering its list prices, the company rapidly attracted a large volume of domestic orders and subsequently closed the sale. The company offered S235JR grade billets at 530 USD/tonne (EXW), a decrease of 5 USD/tonne from the previous round, while B420 grade billets were priced at 540 USD/tonne (EXW), down by 10 USD/tonne.

9 mins ago

13 mins ago

Ferrous Metals Maintain Fluctuating Trend in the Short Term [SMM Steel Industry Chain Weekly Report]

This week, ferrous metals rose and then pulled back, moving sideways overall, with coking coal and coke experiencing a more notable pullback. In the first half of the week, market rumors suggested that a thermal coal supply assurance meeting would be held on Friday, which, combined with the sharp pullback on the raw material side driven by industrial capital fleeing, led to an overall pullback in ferrous metals. In the second half of the week, Trump's visit to China and trade negotiations proceeded simultaneously, but futures had already priced this in earlier, with no significant fluctuations. When the five major steel product data were released, supply showed some divergence, demand generally increased, and inventory destocking was strong. Spot market side, spot prices were held relatively firm, market transactions were mostly at low prices, and when the spot-futures price spread widened, basis traders were seen making shipments...

13 mins ago

18 mins ago

MMi Daily Iron Ore Report (May 15)

Today, the DCE Iron ore futures showed a weak trend today. The most-traded contract I2609 closed at 809.5 yuan/mt, down 0.67% from the previous trading session. Port spot prices fell 2-5 yuan from the previous day. Traders showed moderate enthusiasm in offering quotes; steel mills purchased as needed; overall spot transaction activity was relatively tepid.

18 mins ago