[China Iron Ore Brief Review] Iron Ore Concentrates Prices in Tangshan Region May Consolidate on a Subdued Note
In the Tangshan area of Hebei, prices of iron ore concentrates showed no significant short-term fluctuations; the local dry-basis tax-inclusive EXW price of grade-66 iron ore concentrates was 950-955 yuan/mt; local resources of iron ore concentrates remained relatively tight, providing some support for local iron ore prices; demand side, steel mills were currently mainly purchasing as needed, but iron ore futures recently showed a relatively strong trend