[Domestic Iron Ore Brief Review: Fine Powder Prices in Western Liaonin

Published: May 10, 2024 18:12

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[Domestic Iron Ore Brief Review: Fine Powder Prices in Western Liaoning May Be Mainly Weak and Volatile] There was no significant fluctuation in the price of iron powder in western Liaoning. The factory price of 66% grade wet basis excluding tax was 800-810 yuan/ton. The local mine operating rate was still low, spot resources were tight, and miners were demanding high prices. Only a few were worried about a decline in prices in the future and wanted to cash out, but the prices they offered were still below the buyers' expectations. Traders generally had little inventory in their hands.

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