[Brief Commentary on Domestic Iron Ore Market: Iron Ore Concentrates Prices in Tangshan Region May Rise Slightly] At the beginning of the week, the iron ore concentrates market in Tangshan was relatively stable, with delivery-to-factory prices for 66% grade dry-basis iron ore concentrates (tax included) at 940-945 yuan/mt. Influenced by the optimistic outcome of the Sino-US tariff negotiations, market sentiment was relatively optimistic in the short term. Mines and beneficiation plants had a strong wait-and-see sentiment and a strong sentiment to stand firm on quotes. Steel mills' current inventory levels were relatively low, mostly sufficient for 5-7 days of production, and there was an expectation of restocking.

[SMM Steel Mill Guidance Price] Guidance Prices for Various Series of Domestic Large Stainless Steel Mills on May 13

[Delong Xiangshui stainless steel plate price] On May 13, 2025, the price of Delong Xiangshui 304 cold-rolled stainless steel plate in the Foshan market was 12,900, for May futures, with the reported volume pending approval. This represents an increase of 100 compared to April 29.

[Tsingshan Stainless Steel List Prices] On May 13, 2025, Tsingshan Group adjusted the spot prices for May and futures prices for June. The spot price for 304 round steel φ65-130 was 12,600 yuan/mt, up by 100 yuan/mt; 316L prices were closed.

[TISCO Stainless Steel List Prices] TISCO stainless steel list prices on May 13, 2025: Cold-rolled 304 at 15,950, up 100; 321 at 16,500, up 100; 316L at 25,950, up 200; 430 at 9,800; HRC 304 at 15,200, up 100; 304L at 15,300, up 100; 321 at 15,800, up 100; 316L at 24,900, up 100; Medium-thickness plates (random length) 304 at 16,700; 304L at 16,900; 321 at 18,800; 316L at 28,000.

[Dongfang Special Steel Stainless Steel Plate Prices] On May 13, 2025, Dongfang Special Steel's stainless steel plate prices: HRC (4-8mm) 304 price remained flat at 12,750; 316L price increased by 50 to 22,950.

[Tsingshan Stainless Steel Plate Prices] On May 13, 2025, the price of Tsingshan 304 stainless steel wire (white wire) was 13,600, up by 100; the price of 316L stainless steel wire (white wire) was 23,900, up by 100.