[Domestic Iron Ore Brief: Iron Ore Concentrate Prices in Shandong May Fluctuate] In Shandong, the pre-tax acceptance price for iron ore concentrates with 64% grade on a dry basis is 874 yuan, up 10 yuan. Most local miners are operating normally, with a few slightly increasing production. Steel mills' long-term contract purchases remain relatively stable. Currently, the cost-effectiveness of imported ore is significantly better than that of domestic ore, but this has not yet had a noticeable impact on the transaction volume of local domestic concentrates.

[Domestic Iron Ore Brief: Iron Ore Concentrate Prices in Tangshan Expected to Fluctuate at Highs] Iron ore concentrate prices in Tangshan, Hebei have remained relatively stable in recent days, with ex-factory prices for 66% grade iron ore concentrates on a dry basis, including tax, at 920–925 yuan/mt. Supply remains tight, as local governments in Qian'an and Zunhua recently issued written documents regarding land use regulations for iron ore beneficiation enterprises, leading to the suspension and rectification of some non-compliant enterprises.

[Domestic Iron Ore Brief: Iron Ore Concentrate Prices in West Liaoning Expected to Remain Volatile] The domestic ore market in West Liaoning is generally stable. The current ex-factory price for 66% grade iron ore concentrates on a wet basis, excluding tax, is 730-740 yuan/mt. Mines and beneficiation plants currently show a relatively strong reluctance to budge on prices, with a pronounced wait-and-see sentiment. Coupled with the recent weak performance of iron ore futures, buyers' bearish outlook on the market has increased, leading steel mills to adopt a cautious approach to pricing.

[Domestic Iron Ore Brief: Iron Ore Concentrate Prices in Tangshan Area Expected to Fluctuate] Iron ore concentrate prices in the Tangshan area have risen again, with the delivery-to-factory price, tax included, for 66% grade iron ore concentrates on a dry basis ranging from 1,020 to 1,030 yuan/mt. Recently, environmental protection inspections in the Tangshan area have intensified, leading some independent beneficiation plants to announce short-term shutdowns. Additionally, recent strengthened verification of land use permits by relevant authorities has resulted in the suspension of operations at non-compliant beneficiation plants.