[China Iron Ore Brief Commentary] Iron Ore Concentrates Prices in Hebei Will Remain Relatively Stable

Published: Jul 14, 2026 17:57

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Iron ore concentrates prices in the Tangshan area of Hebei are relatively stable, with 66% grade concentrates EXW price at 980-985 yuan/mt including tax on a dry basis. The area has been relatively little affected by rainfall, and production has mostly been proceeding as planned. In the Chengde area, heavy rainfall has caused most beneficiation plants to suspend production and shipments, especially in Kuancheng where the disaster impact has been severe, with overall spot cargo circulation essentially at a standstill. Currently, only a few producers in areas less affected by the weather can maintain normal operations. Overall, local iron ore concentrates resources are relatively tight. Demand side, local steel mills have expectations of hot metal volume cuts, but seller sentiment in the market is currently quite strong. In the short term, local iron ore concentrates prices are expected to remain relatively stable. [SMM Steel]

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