[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

58 mins ago

Zenith Steel released its pricing policy for the first ten days of June.

On May 31, 2026, Zenith Steel released its pricing policy for the first ten days of June. I. Supplementary price adjustment for the third ten days of May: 1. Wire rod: 125 2. Rebar: 165 II. Provisional prices for the first ten days of June: 1. Wire rod: 3,650 2. Rebar: 3,450 III. The benchmark discount rate for acceptance bills was adjusted to 0.8‰ [SMM Steel]

58 mins ago

1 hour ago

[Baosteel Wide and Heavy Plate Production Line Completes "Core Replacement"]

Recently, the ACC cooling system renovation project for the 4100mm wide and heavy plate area of Baosteel Thin Plate Plant, with overall design by Baosteel Design Institute, successfully achieved a one-time hot load test run. This key renovation will comprehensively reshape the technological landscape of Baosteel's wide and heavy plate products, injecting strong momentum into the enterprise's high-end steel capacity upgrade. Centered on system upgrading and capability enhancement, this renovation upgraded the original ACC laminar cooling system, simultaneously added a pre-straightening machine, and comprehensively optimized supporting auxiliary facilities including water treatment, automation, power supply and distribution,

1 hour ago

[Vietnam Enters Global Top 10 Crude Steel Producers for the First Time]

Vietnam News Agency reported on May 25 that the World Steel Association (Worldsteel) recently released the list of the world's top 10 crude steel producing countries, with Vietnam making the list for the first time. Specifically, the World Steel Association estimated that Vietnam's crude steel (steel billet) production reached 2.1 million mt in April 2026, up 4% YoY. With this production volume, Vietnam surpassed Italy and entered the global top 10 steel producing countries for the first time. In the first four months of this year, Vietnam's cumulative crude steel production reached 8.5 million mt, up 8.4% YoY. According to information released by the Vietnam Steel Association, Vietnam's steel industry has achieved leapfrog development in both production scale and product variety.

1 hour ago