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WEEKLY: China's domestic iron ore concs prices mixed

ABSTRACT

Price trends for domestically-mined iron ore concentrates in different regions across China over June 13-17 varied widely, according to Mysteel's survey. Prices in Tangshan in North China's Hebei were dragged down by falling prices of imported ore and lower bids from steelmakers, while tightened supply led miners in Northeast China's Liaoning to lift their prices.
By June 17, the offering price of 66% Fe grade domestic iron ore concentrates in Tangshan under Mysteel's assessment had declined by Yuan 49/dmt ($7.3/dmt) on week to Yuan 1,104/dmt EXW and including the 13% VAT.   Prices of domestic iron ore in many regions of the country also experienced a drop last

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