[Brief Review of Domestic Iron Ore] Prices of Iron Ore Concentrates in Western Liaoning May Fluctuate

In the Liaoxi domestic ore market, only a few transactions were concluded through individual negotiations. Some steel mills have restocking needs, and market demand has slightly increased. However, with ore futures declining, traders' concerns about the market outlook have intensified, and some are still postponing purchases. The overall operating rate of local mines and beneficiation plants remains low, providing some support to local iron ore concentrate prices. Overall, the sentiment of sellers and buyers in the market remains one of contention, and local iron ore concentrate prices are expected to fluctuate in the near term. [SMM Steel]