In Shandong region, the pre-tax acceptance price of 64-grade alkaline concentrates (dry basis) from mines and beneficiation plants rose by 10 yuan to 840 yuan. Most mines and beneficiation plants maintained normal production, while steel mills' long-term contract purchases remained relatively stable. Local steel mills are currently operating normally without any maintenance plans, with procurement mainly following routine patterns. Steel mills continue to purchase domestic ore as needed, with overall transactions at a moderate level. Considering the recent fluctuating trend in iron ore futures, it is expected that local iron ore concentrate prices may maintain this fluctuating trend in the short term. [SMM Steel]
[Domestic Iron Ore Brief] Iron Ore Concentrates Prices in Shandong Region May Continue to Fluctuate
- Aug 18, 2025, at 4:54 pm
[Domestic Iron Ore Brief: Prices of Iron Ore Concentrates in Shandong Region May Continue to Fluctuate] In the Shandong region, 64-grade alkali powder from mines and beneficiation plants is reported at 840, up by 10, on a dry basis before tax. Mines and beneficiation plants are mostly operating normally, with local steel mills purchasing relatively stably under long-term agreements. Currently, there are no related maintenance plans for the local steel mills, which are mostly operating normally. Purchases are mainly routine, and steel mills continue to purchase domestic ore as needed.
