[Domestic Iron Ore Brief] Iron ore concentrate prices in the Tangshan area are likely to consolidate
Iron ore concentrate prices in the Tangshan region edged up, with 66% grade iron ore concentrates at an ex-works price of 895-900 yuan/mt on a dry basis including tax. Supply side, overall iron ore concentrate resources remain tight, and no significant improvement is expected in the short term. Demand side, steel mill demand is moderate, and some steel mills plan to carry out maintenance in mid-month, weakening support for iron ore concentrate demand. The market may face a supply-demand weakness in the short term. However, considering that steel mill losses have not improved significantly
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