The market price of domestic ore in western Liaoning remained stable. Recently, the futures market for iron ore has been quite volatile, with mines and beneficiation plants showing a strong wait-and-see sentiment. Some producers, considering cash flow, have been following the market trends. However, the restocking demand from steel mills has been weak recently, and some traders are concerned about downside risks, leading to a strong overall desire to bargain down prices. The overall market transaction atmosphere has weakened. Steel mills are currently mainly purchasing as needed, with overall purchase willingness being weak. The game mentality between sellers and buyers is quite evident. It is expected that the price of iron ore concentrates in the local market may remain stable with a weak trend in the short term. 【SMM Steel】
【Domestic Iron Ore Brief Review】Iron Ore Concentrates Prices in West Liaoning Showed Weak Stability with Fluctuations
- Apr 02, 2025, at 5:26 pm
【Domestic Iron Ore Brief Review: Iron Ore Concentrate Prices in West Liaoning Show Weak Stability with Fluctuations】The market prices of domestic ore in West Liaoning remained mainly stable. Recently, the futures market for iron ore has shown significant fluctuations, leading to a strong sentiment of wait-and-see among mines and beneficiation plants. Some producers, considering their cash flow, have been adjusting their strategies according to market conditions. However, the demand for restocking from steel enterprises has been weak recently, and some traders are concerned about potential negative risks, resulting in a strong overall desire to drive down prices.
