[China Iron Ore Brief Review] Iron Ore Concentrates Prices in Tangshan Region May Consolidate on a Subdued Note

Published: Aug 18, 2026 17:21

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In the Tangshan area of Hebei, prices of iron ore concentrates showed no significant short-term fluctuations; the local dry-basis tax-inclusive EXW price of grade-66 iron ore concentrates was 950-955 yuan/mt; local resources of iron ore concentrates remained relatively tight, providing some support for local iron ore prices; demand side, steel mills were currently mainly purchasing as needed, but iron ore futures recently showed a relatively strong trend

Iron ore concentrates prices in the Tangshan area of Hebei showed no significant fluctuations in the short term. The dry-basis tax-inclusive EXW prices of local 66-grade iron ore concentrates were 950-955 yuan/mt. Local resources of iron ore concentrates remained relatively tight, providing some support for local ore prices. Demand side, steel mills currently mainly purchase as needed, but the recent trend in iron ore futures has been relatively strong, which may lift local domestic iron ore prices. Currently, sellers and buyers in the market are in a tug-of-war. Overall, it is expected that local iron ore concentrates prices may consolidate on a subdued note in the short term. [SMM Steel]

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