Iron Ore Concentrates in Tangshan: Prices May Fluctuate Weakly

Domestic Iron Ore Brief: Prices of Iron Ore Concentrates in the Tangshan Region May Fluctuate Stably with a Weak Trend

At the beginning of the week, the Tangshan iron ore concentrates market saw sluggish trading, with a strong overall desire to bargain down prices from local leading steel mills. The delivery-to-factory price for 66-grade dry basis, tax-included, was 960-970 yuan/mt. Local overall operating rates remained at relatively low levels. With the Two Sessions approaching, no relevant restrictions on explosives have been reported locally, and mines and beneficiation plants are mostly maintaining normal production.