[Domestic Iron Ore Brief Review] Iron Ore Concentrate Prices in Tangshan May Experience Downward Fluctuations

Published: Oct 11, 2025 17:57

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[Domestic Iron Ore Brief Review: Iron Ore Concentrates Prices in Tangshan May Fluctuate Downward] The domestic ore market in Tangshan saw partial increases of 5-10 yuan/mt. The current delivery-to-factory price, tax included, for Fe66% iron ore concentrates on a dry basis is 1,010-1,015 yuan/mt. The futures have driven and supported producers' bullish sentiment, leading to increased holding and wait-and-see operations among concentrators, even waiting for price rises. However, inquiries and sourcing in intermediate links remain cautious, with insufficient purchase willingness at high prices.

The Tangshan domestic ore market saw partial increases of 5-10 yuan/mt. The current delivery-to-factory price, tax included, for Fe66% iron ore concentrates on a dry basis is 1,010-1,015 yuan/mt. The iron ore futures provided support and boosted producers' bullish sentiment, leading to an increase in concentrators holding stocks and waiting for price rises, or even adopting wait-and-see strategies. However, intermediate links remained cautious in inquiries and sourcing, with limited purchase willingness at high prices, resulting in thin market transactions. Additionally, the escalation of Sino-US trade friction has increased market volatility, which may impact iron ore prices. Coupled with shrinking steel mill profits, steel mills overall have a strong desire to bargain down prices. It is expected that domestic iron ore prices may fluctuate downward next week. [SMM Steel]

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