WEEKLY: China's domestic iron ore concs prices keep falling

Source: Mysteel Jan 14, 2025 16:00

Prices of domestically-produced iron ore concentrates in China generally headed south throughout the major producing regions last week in response to waning demand from steelmakers, Mysteel's latest survey showed.

For example, the offering price of 66% Fe grade iron ore concs in Tangshan in North China's Hebei province was assessed by Mysteel at Yuan 948/dmt ($129.3/t) including the 13% VAT as of January 10, lower by Yuan 9/dmt on week. The decrease in consumption of finished steel products prompted