[Domestic Iron Ore Brief: Iron Ore Concentrates Prices in West Liaoning May Have Some Upside Potential] The market in west Liaoning remains relatively calm, with 66 grade iron ore concentrates wet basis ex-factory prices at 720-730 yuan/mt; currently, most mines and beneficiation plants are operating normally, but overall resources remain tight. The mine and beneficiation plant sector reported that the supply of explosives may be restricted next week, affecting the production of some beneficiation plants due to a shortage of ROM supply.

[Domestic Iron Ore Brief: Tangshan Area Iron Ore Concentrates Prices May Remain Volatile] The domestic ore market in the Tangshan area was generally stable, with the current 66-grade iron ore concentrates dry basis tax-inclusive delivery-to-factory price at 980-990 yuan/mt. Under environmental protection-related controls, ore processing enterprises have successively halted operations for maintenance, and transportation has been hindered, exacerbating the overall tightness of market resources. Resources from Shandong and Anhui regions are accelerating their flow into the local area.

[Domestic Iron Ore Brief: Prices of Domestic Iron Ore in West Liaoning May Have Some Room for Upward Exploration] The supply and demand in the domestic ore market in west Liaoning is slightly stagnant. Currently, the ex-factory price of 66 grade iron ore concentrates on a wet basis without tax is 720-730 yuan/mt. Traders, considering their own profits and without orders from steel mills, are observing the market trend; in addition, mine and beneficiation plants in some areas of Hebei have successively received notices of production restrictions and suspensions, leading to a reduction in supply.

[Domestic Iron Ore Brief: Iron Ore Concentrates Prices in Tangshan Area May Remain Volatile] At the beginning of the week, iron ore concentrates in the Tangshan area decreased slightly by 5-10 yuan, with current 66 grade iron ore concentrates at 980-990 yuan/mt; According to SMM, since August 20, the ministry's supervision and assistance team and the provincial department's assistance team have been stationed in Tangshan, to ensure the production control of related enterprises