[China Iron Ore Brief] Domestic Iron Ore Concentrates Prices May Show Volatile Movement Next Week

Published: May 15, 2026 17:07

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[Domestic Iron Ore Brief] The domestic ore market in western Liaoning recently saw a slight increase driven by the persistently strong external market. The current ex-factory prices of iron ore concentrates with 66% grade on a wet basis and tax-exclusive rose by 5 yuan to 740-745 yuan/mt. Mines and beneficiation plants were affected by environmental protection and safety inspections, and overall iron ore concentrates resources remained tight. Asking prices were relatively firm. Steel mills and traders

[SMM Domestic Ore Daily Brief]

Domestic iron ore concentrates market prices edged up slightly this week. By region, prices in Tangshan, Qian'an, and Qianxi in Hebei rose slightly by 1-5 yuan/mt; prices in Chaoyang, Beipiao, and Jianping in western Liaoning increased by 5-10 yuan/mt; east China also saw gains of 10-15 yuan/mt. Looking ahead to next week, domestic iron ore concentrates market resources will remain relatively tight; on the demand side, according to SMM tracking, steel mill blast furnace hot metal output showed a declining trend, weakening demand support for iron ore concentrates. The market tug-of-war sentiment is relatively evident, and domestic concentrates prices are expected to fluctuate next week. [SMM Steel]

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