[Domestic Iron Ore Brief] Prices of Iron Ore Concentrates in Western Liaoning May Oscillate with a Stable but Weak Trend

Domestic Iron Ore Brief: Liaoxi Region Iron Ore Concentrates Prices May See Weak and Stable Fluctuations Liaoxi domestic iron ore concentrates prices slightly declined by 5-10 yuan, with the 66 grade wet basis ex-factory price without tax at 730-735 yuan/mt. Affected by the price reduction from the leading local steel mill, the overall market transactions were relatively quiet; the Two Sessions are in session, although explosives supply is normal, mines and beneficiation plants noted that safety inspection intensity has significantly increased in recent days, with some mines halting production for maintenance, putting local iron ore concentrates resources in a tight state.