[Domestic Iron Ore Brief Review: Iron Ore Concentrate Prices in Eastern Liaoning May Remain Volatile] Today, domestic ore prices in some areas of the eastern Liaoning market edged higher, driven by sustained strength in external markets, leading to a slight increase in local iron ore concentrate prices; most local beneficiation plants remain optimistic about the outlook, showing strong reluctance to budge on prices.

[Domestic Iron Ore Brief: Tangshan Iron Ore Prices May Continue to Fluctuate] The Tangshan domestic ore market is generally stable, with the delivery-to-factory price, tax included, for 66-grade iron ore concentrates on a dry basis ranging from 1,000 to 1,005 yuan/mt. Some prices have edged higher. Local iron ore concentrate resources are relatively tight, particularly in Qianxi and Zunhua areas, where ore resources are scarce, and most producers are in a state of suspension.

[Domestic Iron Ore Brief: Iron Ore Concentrate Prices in Tangshan Expected to Remain Volatile] The domestic iron ore market in Tangshan remains stable with a wait-and-see approach. The current ex-factory price for 66% grade iron ore concentrates on a dry basis, including tax, is 1,000–1,005 yuan/mt. Overall operations at mines and beneficiation plants remain at relatively low levels, and the supply of iron ore concentrates in the market remains tight. Steel mills continue to purchase cautiously, as recent profit margins have narrowed, leading to a predominance of purchasing as needed. Demand weakness is evident, and overall market transactions remain relatively sluggish.

[Domestic Iron Ore Brief: Iron Ore Concentrate Prices in Shandong May Remain in the Doldrums] In Shandong, the pre-tax, dry basis, acceptance-paid ex-mine price for 64-grade alkaline iron ore concentrates was reported at 873 yuan, up 19 yuan. Miners are operating normally, with steel mills in both local and Hebei regions showing strong purchasing enthusiasm. Long-term contract shipments remain stable, and the overall market transaction atmosphere is moderate. Although the National Day holiday is approaching, steel mills have not intensified their overall restocking pace.