[China Iron Ore Brief] Iron Ore Concentrates Prices in Shandong Region May Show Volatile Trend

Published: Apr 13, 2026 18:03

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[Domestic Iron Ore Brief] This week, the mine-mouth price of 64-grade alkaline powder (dry basis, pre-tax, bank acceptance) in Shandong was reported at 880, down 14. Steel mills adjusted prices downward in sync. Miners mostly maintained normal production. Steel mills' purchase pace slowed down WoW. Small mills and traders shipped at prevailing market prices. Some resources in the Linyi area flowed to Hebei, but overall

This week, the pre-tax acceptance ex-mine price of 64-grade alkaline concentrates on a dry basis in Shandong was reported at 880, down 14. Steel enterprises adjusted prices downward accordingly. Miners mostly maintained normal production. The purchase pace of steel enterprises slowed down WoW. Small plants and traders shipped at prevailing market prices. In the Linyi area, some resources flowed to Hebei, but overall, market transactions were relatively sluggish. The market was currently focused on negotiation-related outcomes, with a relatively strong wait-and-see sentiment. Coupled with the recent volatile trend in iron ore futures, local iron ore concentrates prices were expected to remain range-bound in the short term. [SMM Steel]

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