"Domestic Iron Ore Brief: Shandong Region Ore Prices Likely to Fluctuate at High Levels

This week, ore enterprises in Shandong region reduced prices by 23 yuan, with the acceptance price of 64% grade dry basis without tax at 1068 yuan/ton. The ore selection end is mainly focused on normal production, with sales following production. Steel mills are operating normally, with moderate procurement pace, mainly focused on on-demand replenishment. Most mills have no maintenance plans at present..."