SMM

Domestic Iron Ore Brief: Prices of Iron Ore Concentrates in the Tangshan Region May Fluctuate Stably With a Weak Trend At the beginning of the week, the Tangshan iron ore concentrates market saw sluggish trading, with a strong overall desire to bargain down prices from local leading steel mills. The delivery-to-factory price for 66-grade dry basis, tax-included, was 960-970 yuan/mt. Local overall operating rates remained at a relatively low level. With the Two Sessions approaching, no related restrictions on explosives have been reported locally, and most mines and beneficiation plants are operating normally.