Domestic Iron Ore Market Brief: Liaodong Area Expected to Maintain High-level Fluctuations

Affected by the market and price hikes in the Tangshan area, prices in the Liaodong area have also rebounded. According to SMM, the local 66% iron powder wet base, excluding taxes, is at 890-900 yuan per ton. With the approaching Spring Festival, steel mills have a certain expectation of stocking up, providing some support for iron powder demand. Ore selection...