Domestic Iron Ore Brief: Prices of Iron Ore Concentrates in the Tangshan Region May Fluctuate Downward
At the beginning of the week, the Tangshan iron ore concentrates market was affected by the reduction in tender prices from local leading steel mills. The delivery-to-factory price of 66-grade iron ore concentrates (dry basis, tax-included) decreased by 10 yuan, quoted at 960-970 yuan/mt. Prices of iron ore concentrates slightly declined, ore futures fluctuated downward, and most producers were cautious in their operations. Overall, market transactions were relatively weak.
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