[China Iron Ore Brief] Tangshan Area Iron Ore Concentrates Prices May Be in the Doldrums and Consolidate

Published: Jul 28, 2026 17:07

Save

Today, the Tangshan domestic ore market was generally stable. The delivered price, tax included, of 66% grade iron ore concentrates on a dry basis stood at 980-985 yuan/mt. Local iron ore concentrates resources remained relatively tight, providing some support to local ore prices. Steel mills were under environmental protection-driven production restrictions, with weak daily consumption demand, mainly consuming inventories; sellers and buyers in the market remained in a standoff. However, iron ore futures were weak recently, which was expected to exert some downward pressure on local ore prices. It was estimated that local iron ore concentrates prices would likely consolidate weakly 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 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 for 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

31 mins ago

[SMM HRC Arrivals] Arrivals Declined Narrowly WoW This Period

31 mins ago

1 hour ago

[SMM Zhangjiagang HRC Inventory: Zhangjiagang Inventory Narrows Slightly This Week]

This week, Zhangjiagang HRC inventory stood at 277,000 mt, down 1,000 mt WoW, a decline of 0.36%; and up 13.06% YoY.

1 hour ago

[Ministry of Industry and Trade Opens Anti-Dumping Investigation on Chinese Steel Products]

Vietnam's Ministry of Industry and Trade has initiated an anti-dumping investigation into certain prestressed steel bar products imported from China under case code AD24. The investigation covers products classified under HS codes 7227.20.00, 7228.20.11, 7228.20.19, and 7229.20.00, with the dumping investigation period set from July 1, 2025, to June 30, 2026, and the injury assessment period from July 1, 2022, to June 30, 2026. The investigation was launched following a petition submitted by Hoa Phat Prestressed Steel Company Limited and Viet Nhat Prestressed Steel Joint Stock Company, which estimated a preliminary dumping margin of 23.06%. Following the initiation, the Ministry will issue questionnaires to relevant foreign manufacturers, exporters, and Chinese representative missions in Vietnam to collect information for the investigation.

1 hour ago