[Domestic Iron Ore Brief Review] Iron Ore Concentrate Prices in the Tangshan Region Expected to Remain Volatile

Published: Nov 20, 2025 17:28

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[Domestic Iron Ore Brief Review: Iron Ore Concentrate Prices in the Tangshan Region Expected to Remain Volatile] The domestic ore market in Tangshan is relatively stable. Currently, the ex-factory price for Fe66% iron ore concentrates on a dry basis, including tax, ranges from 1,015 to 1,020 yuan per ton. Mines and beneficiation plants generally exhibit a strong willingness to hold prices firm, with a notable wait-and-see sentiment prevailing. Some concentrate plants are adjusting production flexibly based on orders.

The Tangshan domestic ore market remained relatively stable. Currently, the ex-factory prices for Fe66% iron ore concentrates on a dry basis including tax are 1,015-1,020 yuan/tonne. Mines and beneficiation plants generally showed a strong willingness to hold prices firm, with a notable wait-and-see sentiment. Some concentrate plants adjusted production flexibly based on orders, taking into account costs and spot resources, resulting in a moderate overall willingness to offer prices. On the steel mill side, most local mills operated normally according to plan, with hot metal production remaining at relatively high levels, providing support for iron ore concentrate demand. However, steel mills currently face significant profit pressure and a strong desire to bargain down prices, leading them to purchase as needed. Overall, local iron ore prices are expected to remain volatile in the short term. [SMM Steel]

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