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

Published: May 6, 2025 17:11

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【Brief Review of Domestic Iron Ore Market: Iron Ore Concentrates Prices in Tangshan Region May Remain Stable】The market for iron ore concentrates in Tangshan remained relatively stable during the holiday, with the delivery-to-factory price (dry basis, tax included) for 66% grade ore at 930-940 yuan/mt. Currently, the overall production at mines and beneficiation plants is relatively stable, but the overall process of resuming production is relatively slow. The local iron ore concentrates resources remain relatively tight, providing certain support for local ore prices. Steel mills currently have no maintenance plans, and the pig iron production from blast furnaces at steel mills remains at a relatively high level.

The Tangshan iron ore concentrates market remained relatively stable during the holiday, with delivery-to-factory prices (dry basis, tax included) for 66% grade ore at 930-940 yuan/mt. Currently, the overall production at mines and beneficiation plants is relatively stable, but the process of resuming production is slow. The local iron ore concentrates resources remain tight, providing some support to local ore prices. Steel mills currently have no maintenance plans, and pig iron production from blast furnaces at steel mills remains at a relatively high level, providing some support to the demand for iron ore concentrates. However, steel mills are still mainly purchasing as needed. Overall market transactions are sluggish, and there is a clear competitive mindset between sellers and buyers. It is expected that local iron ore concentrates prices will remain stable in the short term. [SMM Steel]

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