Iron ore concentrate prices in Tangshan rose again, with ex-factory prices for 66% grade dry basis concentrates including tax at 990-1,000 yuan/mt. Steel mills remained cautious about price increases, while the flow of resources from Chengde to Tangshan slowed down. However, ore dressing plants maintained firm offers due to cost pressures. Current market transactions were relatively sluggish. Given that mine and market offers were significantly higher than some steel mills' purchase prices, mills mainly purchased as needed. Iron ore futures dropped slightly today, with weaker bullish sentiment in the market. SMM Steel expects local iron ore concentrate prices to fluctuate in the short term.
[Brief Review of Domestic Iron Ore Market] The price of iron ore concentrates in the Tangshan area may fluctuate
- Aug 14, 2025, at 5:35 pm
[Domestic iron ore brief review: Iron ore concentrate prices in the Tangshan region may fluctuate] Prices of iron ore concentrates in the Tangshan region have risen again, with the ex-factory prices (dry basis, tax included) of 66-grade iron ore concentrates ranging from 990 to 1,000 yuan/mt. Steel mills are cautious about increasing procurement prices. The inflow of resources from Chengde to Tangshan has slowed down, but ore beneficiation companies remain firm in their pricing due to cost considerations. Currently, market transactions are relatively sluggish.
