Tangshan Iron Ore Concentrates Prices Show Potential for Upswing Amid Sluggish Transactions

Domestic Iron Ore Brief Review: Tangshan Region Iron Ore Concentrates Prices May Have Some Upward Potential

At the beginning of the week, overall transactions of iron ore concentrates in Tangshan were relatively sluggish. As the Chinese New Year approaches, there has been an increase in the suspension of production for maintenance among beneficiation plants. Those still in operation are generally unwilling to sell at low prices due to high raw material costs, with most quotations remaining firm. Meanwhile, intermediaries are considering current inventory and cost issues.