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[Domestic Iron Ore Brief] Supply and Demand Both Weak, Tangshan Region Iron Ore Concentrates Prices May Trend in the Doldrums

  • Dec 16, 2025, at 5:16 pm
[Domestic Iron Ore Brief: Weak Supply and Demand, Iron Ore Concentrate Prices in Tangshan Region May Remain in the Doldrums] Iron ore concentrate prices in the Tangshan region are relatively stable, with 66-grade iron ore concentrate priced at 980-990 yuan/mt. Currently, the Level 2 environmental protection alert is in effect, leading to varying degrees of restrictions on production at steel mills and mines. Both supply and demand have decreased, the pace of vehicle transport has slowed down, and overall supply remains tight.

Iron ore concentrate prices in the Tangshan area remained relatively stable, with 66% grade iron ore concentrate priced at 980-990 yuan/mt. Currently, the Level 2 environmental protection alert is in effect, leading to varying degrees of production restrictions at steel mills and mines, resulting in reductions in both supply and demand. The pace of vehicle transport has slowed down, and overall supply remains tight, providing some support for iron ore concentrate prices. On the demand side, steel mills may implement sintering restrictions again in the near term, but the impact on blast furnaces is limited. However, steel mills still maintain a strong desire to bargain down prices. It is expected that local iron ore concentrate prices will continue to fluctuate in the short term. [SMM Steel]

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