The iron ore concentrates market in Tangshan remained stable across multiple regions, with overall transactions being relatively sluggish. Traders were hesitant to make purchases, and the sentiment among mines and beneficiation plants was largely cautious, with no improvement in overall transactions. Local steel mills maintained a very slow procurement pace, and despite low inventory levels, their desire to bargain down prices persisted due to cost control constraints. The mines and beneficiation plants were affected by the Two Sessions, leading to short-term production halts at certain beneficiation plants, resulting in a tight supply of local iron ore concentrates, which provided some support to local prices. Overall, the market is currently in a state of weak supply and demand, and it is expected that local iron ore concentrate prices may fluctuate with a weak and stable trend next week. 【SMM Steel】
[Domestic Iron Ore Brief Review] Prices of Iron Ore Concentrates in the Tangshan Region May Continue to Be Stable with a Weak Trend
- Mar 07, 2025, at 6:18 pm
Domestic Iron Ore Brief: Prices of Iron Ore Concentrates in the Tangshan Region May Continue to Fluctuate with a Weak and Stable Trend
The Tangshan iron ore concentrates market is operating steadily in many areas, with overall transactions remaining sluggish. Traders are hesitant to make purchases, and mines and beneficiation plants exhibit a strong wait-and-see sentiment, with no improvement in overall transactions. Local steel mills are proceeding with procurement at an extremely slow pace. Coupled with low inventory and cost control constraints, their subjective desire to bargain down prices remains unabated.
