【Brief Review of Domestic Iron Ore Market】Iron Ore Concentrates Prices in Tangshan Region May Remain Stable

Published: Apr 28, 2025 17:16

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[Brief Review of Domestic Iron Ore Market: Iron Ore Concentrates Prices in Tangshan Region May Remain Stable] The iron ore concentrates market in Tangshan has been relatively stable recently. The dry-basis, tax-inclusive delivery-to-factory prices of 66-grade iron ore concentrates are 940-950 yuan/mt. As the holiday approaches, coupled with relatively small inventory pressure, mines and beneficiation plants are showing strong wait-and-see sentiment, and the shipping speed has slowed down. The current tight supply and demand situation in the market persists, and the operating rate of beneficiation plants remains low.

The Tangshan iron ore concentrates market has remained relatively stable recently. The delivery-to-factory prices, including tax, for dry-basis 66-grade iron ore concentrates range from 940 to 950 yuan/mt. As the holiday approaches and inventory pressure remains relatively small, there is a strong wait-and-see sentiment among mines and beneficiation plants, leading to a slowdown in shipment speeds. The current tight supply and demand situation in the market persists, with beneficiation operations still running at a relatively low level. Prices are strongly supported at the bottom, and it is difficult for mines to resume production. Mines with production qualifications still have limited output. As the Labour Day holiday approaches, steel mills' overall restocking remains relatively stable and not urgent. The supply and demand sides in the overall market are still in a tug-of-war, and it is expected that the overall local iron ore concentrate prices will remain stable. [SMM Steel]

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