Domestic Iron Ore Briefing: Local Market in Tangshan Area Likely to Continue Lowering Prices

The transactions in the Tangshan iron powder market are mostly steel mill orders. With the continuous influence of low iron ore futures, local steel mills have a strong desire to lower prices. There is a fear that the market for ore selection may still have a downward trend in the short term, but the willingness to ship is still acceptable. As a result, some steel companies have also begun to lower their purchase prices, while traders still have no obvious...