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WEEKLY: China's domestic iron ore concs prices weaken

ABSTRACT

Offering prices of domestically-produced iron ore concentrates at major markets across China generally dropped over June 20-24, according to Mysteel's assessment. Falling prices of imported iron ore and slack ore demand from buyers were responsible for the dip, market sources observed.
As of June 24, the offering price of 66% Fe grade domestic iron ore concentrates in Tangshan in North China's Hebei had dropped to a six-month low of Yuan 954/dmt ($142.6/dmt) EXW and including the 13% VAT, down by a large Yuan 173/dmt on week, Mysteel's survey showed.   Last week, prices of

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