Iron ore market rolled over this week in Tangshan, and market activity was locked in a stalemated. Bids from local leading steel mills were at parity to the end of last week, beating iron ore mines’ expectation, thereby leading to low ore supply to the mills. Fundamentally, uncertain operation resumption of iron ore and a supply crunch made offers from beneficiation plants firm, and most the plants took a wait-and-see approach. On the demand side, with coke price uptick and iron ore price hike, profits of steel mills eroded. However, operating rate of BF remained high, giving a certain boost to iron ore. On the whole, with low availability, there will probably be a room for negotiation on iron ore concentrate prices in Tangshan.
![[SMM 건축자재 주간 수급] 시장 거래 분위기 개선, 실수요 회복은 기대에 못 미쳐](https://imgqn.smm.cn/usercenter/JdqON20251217171718.png)
![[SMM 건자재 사회재고 대규모 샘플 조사] 가격 반등으로 재고 소진, 이번 주 건자재 사회재고 감소폭 소폭 확대](https://imgqn.smm.cn/usercenter/wSpkX20251217171718.png)

