[China Iron Ore Brief Review] Domestic Iron Ore Concentrates Prices May Have Some Upside Room Next Week

Published: Mar 13, 2026 17:57

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[China Iron Ore Brief Review: Domestic Iron Ore Prices May Have Some Upside Room Next Week] This week, prices in China’s iron ore concentrates market edged up slightly. By region, prices in Tangshan, Qian'an, and Qianxi, Hebei rose slightly by 1-5 yuan/mt; western Liaoning areas including Chaoyang, Beipiao, and Jianping rose by 10-15 yuan/mt; east China also saw gains of 10-15 yuan/mt. Supply side, conditions remained relatively tight. Demand side, blast furnaces at steel mills previously under maintenance

China's domestic iron ore concentrates market prices edged up this week. By region, prices in Hebei's Tangshan, Qian'an, and Qianxi rose slightly by 1-5 yuan/mt; prices in western Liaoning's Chaoyang, Beipiao, and Jianping increased by 10-15 yuan/mt; east China also saw gains of 10-15 yuan/mt. Supply remained tight. Demand side, blast furnaces previously under maintenance at steel mills are expected to gradually resume production, continuing to support rigid demand for iron ore concentrates. Resources in other regions were also tight, and with iron ore futures holding up well this week, spot prices were further supported, driving price increases in many areas. Looking ahead to next week, as blast furnace production resumptions at steel mills advance, hot metal production is expected to continue rebounding, further strengthening support for demand for iron ore concentrates, with a clear trend of marginal fundamental improvement. Overall, domestic iron ore concentrates prices are expected to retain upside room next week. [SMM Steel]

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