[China Iron Ore Brief] Next week, domestic ore prices may be in the doldrums and fluctuate.

Published: Jun 5, 2026 16:56

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[Domestic Iron Ore Brief] Domestic iron ore concentrates prices edged down this week. Looking at regional performance, prices in Tangshan, Qian'an, Qianxi, etc., Hebei, were basically flat; Chaoyang, Beipiao, Jianping in western Liaoning edged down by 1-5 yuan/mt; east China also saw a decline of 10-15 yuan/mt.

This week, domestic iron ore concentrates prices edged down. By region, prices in Tangshan, Qian'an, and Qianxi in Hebei were basically flat; those in Chaoyang, Beipiao, and Jianping in western Liaoning edged down 1-5 yuan/mt; and east China also saw a decline of 10-15 yuan/mt.

Looking ahead to next week, according to SMM tracking data, hot metal production of steel mill blast furnaces is expected to increase, providing some support for concentrates demand. However, given continuously narrowing steel mill profits and weak iron ore futures, domestic iron ore concentrates prices are expected to remain in a weak and stable oscillating pattern. [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.

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