【Domestic Iron Ore Brief Review】Iron Ore Concentrates Prices in Western Liaoning Region May Remain Stable

The transaction volume in the domestic ore market in the western Liaoning region has improved. Influenced by the recent rise in iron ore futures, the local iron ore concentrate prices have shown a slight increase. Some local beneficiation plants need funds for turnover and are selling small quantities according to market conditions. The overall sentiment in the mines and beneficiation plants is bullish, and the local iron ore concentrate resources are relatively tight, providing some support for prices. Local steel mills generally have a strong desire to bargain down prices and mainly purchase as needed. It is expected that the local iron ore concentrate prices will remain stable in the short term. 【SMM Steel】