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WEEKLY: China's domestic iron ore concs prices vary

ABSTRACT

The trends in prices of domestic iron ore concentrates being offered in China varied over June 27-July 1, with prices in Tangshan in North China's Hebei being lifted by the firm trend prevailing in the overall iron ore market early last week. On the other hand, prices elsewhere such as in Northeast China's Liaoning continued to be weakened by low demand for ore, market sources said.
As of July 1, the offering price of 66% Fe grade domestic iron ore concentrates in Tangshan had recovered to Yuan 973/dmt ($145.2/dmt) EXW and including the 13% VAT, up by a modest Yuan 19/dmt on week, according to Mysteel's survey.   Although iron ore demand among most steelmakers across China remained sluggish this past week, some in Tangshan with

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