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Home / Metal News / [Domestic Iron Ore Brief Review] Iron Ore Concentrate Prices in West Liaoning May Have Room for a Slight Increase

[Domestic Iron Ore Brief Review] Iron Ore Concentrate Prices in West Liaoning May Have Room for a Slight Increase

iconJan 15, 2026 17:30
[Domestic Iron Ore Brief: Iron Ore Concentrate Prices in West Liaoning May Rise Slightly] Iron ore concentrate prices in west Liaoning rose slightly by 10 yuan/mt, with 66-grade iron ore concentrates at 760-765 yuan/mt; mines and beneficiation plants currently face relatively tight iron ore concentrate resources, strict environmental protection and safety controls, and occasional illegal mining occurs locally in response to this.

West Liaoning, iron ore concentrate prices rose slightly by 10 yuan/mt, with 66% grade iron ore concentrate prices at 760-765 yuan/mt; mines and beneficiation plants currently still face relatively tight iron ore concentrate resources, environmental protection and safety controls are strict, occasional illegal mining occurs locally, and the local government has strengthened corresponding controls. Demand side, steel mills' desire to bargain down prices eased, recently domestic iron ore cost performance improved, steel mills restocked appropriately, market transactions improved compared to previous days. Overall, local iron ore concentrate prices are expected to still have some upward potential in the short term. [SMM Steel]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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