Today, Dalian iron ore futures held up well during the session but dived at the close. The most-traded contract I2601 eventually closed at 795, unchanged from yesterday. Traders' willingness to sell was moderate; steel mills restocked on demand.

[Domestic iron ore brief review: Iron ore concentrate prices in the Tangshan region may fluctuate] Prices of iron ore concentrates in the Tangshan region have risen again, with the ex-factory prices (dry basis, tax included) of 66-grade iron ore concentrates ranging from 990 to 1,000 yuan/mt. Steel mills are cautious about increasing procurement prices. The inflow of resources from Chengde to Tangshan has slowed down, but ore beneficiation companies remain firm in their pricing due to cost considerations. Currently, market transactions are relatively sluggish.