Western Liaoning Iron Ore Concentrate Prices May Decline Due to Sluggish Market

**Brief Commentary on Domestic Iron Ore: Prices of Iron Ore Concentrate in Western Liaoning May Weaken**

The transaction volume in the domestic ore market of Western Liaoning continues to remain sluggish. The factory price (66% grade, wet basis, excluding tax) is ranging from 730 to 740 yuan/ton. Considering that individual steel plants have slowed down their procurement pace for iron ore concentrate, and traders are not urgent in replenishing their inventories, offers are notably low. Both buyers and sellers find it difficult to reach a consensus on pricing, and the spot prices of iron ore fines in multiple regions are relatively...