[Domestic Iron Ore Brief] Iron Ore Prices in Tangshan Area Expected to Remain Stable

Published: Apr 29, 2026 17:20

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[Domestic Ore Market Brief] Iron ore concentrates prices in the Tangshan area remained relatively stable recently, with ex-factory prices of 66-grade iron ore concentrates on a dry basis, tax-included, at 970-980 yuan/mt. Mines and beneficiation plants faced relatively tight overall resources, providing some support for local ore prices. On the steel mills side, most were producing normally as planned, with hot metal production at a relatively high level. Steel mill profits remained under pressure, with most purchasing as needed. Overall market transactions were relatively sluggish. Iron ore futures showed a relatively

Iron ore concentrates prices in Tangshan remained relatively stable recently, with ex-factory prices of 66-grade iron ore concentrates on a dry basis, tax-included, at 970-980 yuan/mt. Resources at mines and beneficiation plants were relatively tight overall, providing some support for local ore prices. On the steel mills side, most were producing normally as planned, with hot metal production at a relatively high level. Steel mill profits remained under pressure, with most purchasing as needed. Overall market transactions were relatively sluggish. Iron ore futures showed relatively firm trends, and local iron ore concentrates prices are expected to remain stable in the short term. [SMM Steel]

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