WEEKLY: China's domestic iron ore concs prices weaken further

Source: Mysteel Feb 03, 2026 14:30

Chinese prices for domestically-produced iron ore concentrates continued to weaken overall last week amid a further decline in concs demand among steelmakers, Mysteel's latest survey showed.

On January 30, for example, Mysteel assessed the offering price of 66% Fe grade iron ore concentrates in Taixian county in North China's Shanxi province at Yuan 795/wmt ($114.4/wmt) excluding the 13% VAT, lower by 1.3% from a week earlier. Concs trading in Shanxi was scarce last week as local