[China Iron Ore Brief] Domestic Iron Ore Prices May Be in the Doldrums Next Week

Published: Apr 10, 2026 17:08

Save

[Domestic Iron Ore Brief] Domestic iron ore concentrates market prices showed mixed performance this week. In terms of regional performance, prices in Tangshan, Qian'an, and Qianxi in Hebei rose slightly by 1-5 yuan/mt; prices in Chaoyang, Beipiao, and Jianping in western Liaoning dropped by 10-15 yuan/mt; prices in east China remained relatively stable.

China's iron ore concentrates market showed mixed performance this week. In terms of regional performance, prices in Tangshan, Qian'an, and Qianxi in Hebei rose slightly by 1-5 yuan/mt; prices in Chaoyang, Beipiao, and Jianping in western Liaoning dropped by 10-15 yuan/mt; prices in east China remained relatively stable.
Looking ahead to next week, domestic iron ore resources overall remain relatively tight, coupled with an expected increase in hot metal production, providing relative support on the fundamentals side. However, with a recent concentration of bearish external news, iron ore futures have been weakening, and overall domestic iron ore prices are expected to be in the doldrums next week.

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

[SMM Steel] Vnsteel expands distribution network with new Khanh Hoa warehouse

[SMM Steel] Vietnam’s Vnsteel has inaugurated a new warehouse in Khanh Hoa province as part of its strategy to strengthen nationwide logistics and distribution capabilities. The facility marks the company’s return to the South-Central Vietnam market and is expected to improve supply services for local distributors and construction projects. Vnsteel said the warehouse will also function as a regional logistics hub to enhance customer support, shorten delivery times, and strengthen its competitiveness in Vietnam’s steel market.

1 hour ago

[SMM Steel] Hoa Sen responds to Australia AD allegations on galvanized steel

[SMM Steel] Vietnam’s Hoa Sen Group stated that the alleged 56.21% dumping margin in Australia’s galvanized steel investigation is only an initial claim submitted by petitioner BlueScope Steel and not an official finding by Australian authorities. The AD probe was officially launched on April 30, with Hoa Sen and Nam Kim named in the case. Australia is expected to release its statement of essential facts by August 18 and final findings by October 2, 2026. Hoa Sen noted that in a previous Australian AD case in 2015, the company ultimately received a 0% duty rate despite an initial dumping allegation of 16.26%.

1 hour ago

[SMM Steel] Iranian steel exports continue despite Hormuz logistics disruptions

[SMM Steel] Iranian steel exports remain active despite ongoing uncertainty around the Strait of Hormuz. Billet exporters continue offering cargoes, but transactions remain unstable due to shipping disruptions, limited vessel availability, and high insurance costs. Alternative logistics channels and Chabahar port continue supporting part of the export flows to China and India. Market participants expect steel trade linked to Hormuz to remain volatile even if diplomatic tensions ease.

1 hour ago