[Domestic Iron Ore Brief Review] Prices of Iron Ore Concentrates in the Tangshan Region May Fluctuate with a Stable but Weak Trend

Published: Mar 11, 2025 18:19

Save

Domestic Iron Ore Brief: Prices of Iron Ore Concentrates in the Tangshan Region May Fluctuate with a Stable and Weak Trend At the beginning of the week, the Tangshan iron ore concentrates market remained stable in many areas. Local steel mills slightly raised tender procurement prices, but most traders still found it difficult to make profits and mainly adopted a wait-and-see approach. On the beneficiation side, due to tight raw material supply and persistently high prices, some beneficiation plants faced severe losses.

At the beginning of the week, the Tangshan iron ore concentrates market remained stable in many areas. Local steel mills slightly increased their tender procurement prices, but most traders still found it difficult to make profits and mainly adopted a wait-and-see approach. Regarding beneficiation, due to tight raw material supply and persistently high prices, some beneficiation plants experienced severe losses, leading to an increase in production halts, particularly in the Zunhua region. Currently, the local market shows weak supply and demand. Considering the recent weak trend in iron ore futures, it is expected that local iron ore concentrate prices may fluctuate with a weak and stable trend in the short term. 【SMM Steel】

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 18:30

Before the holiday, the black chain is unlikely to see a trend-driven market [SMM Steel Industry Chain Weekly Report].

This week, ferrous metals were in the doldrums, with coking coal and coke staging a mid-week rise. At the beginning of the week, financial markets experienced sharp fluctuations, dragging down sentiment in the ferrous chain and leading to a pullback in futures. Mid-week, Indonesia's cut to coke production quotas drove coking coal and coke futures to lead the gains, though the impact was more pronounced on thermal coal, while coking coal's rise was largely sentiment-driven and short-lived. In the latter part of the week, finished products continued their seasonal inventory buildup, and support from the raw material side weakened, causing the entire ferrous chain to pull back. In the spot market, with the Chinese New Year holiday approaching, purchasing activity slowed down further, with end-users only making limited, as-needed purchases at low prices.

Feb 6, 2026 18:30

Feb 6, 2026 18:09

MMi Daily Iron Ore Report (February 6)

Today, the DCE iron ore futures continued to hit bottom today, with the most-traded contract I2605 closing at 760.5 yuan/mt, down 1.23% from the previous trading day. Spot prices fell by 5–10 yuan/mt compared to the previous trading day.

Feb 6, 2026 18:09

Feb 6, 2026 17:41

[SMM Chromium Daily Review] Inquiries and Transactions Weakened, Chromium Market Showed Mediocre Performance Before the Holiday

[SMM Chrome Daily Review: Trading and Inquiries Weakened, Chrome Market Showed Mediocre Performance Before the Holiday] February 6, 2026: Today, the ex-factory price of high-carbon ferrochrome in Inner Mongolia was 8,500-8,600 yuan/mt (50% metal content), flat MoM from the previous trading day...

Feb 6, 2026 17:41