[Domestic Iron Ore Brief] Iron ore prices in west Liaoning may consolidate on a subdued note



Iron ore prices in west Liaoning are stable. Some ore processing plants are preparing to resume production, and a certain amount of production resumptions is expected next week. In east Liaoning, a large private mine that had suspended production due to an accident is expected to return to normal production soon, according to surveys, and overall production will edge up. Steel mills are currently producing as planned, with overall demand moderate. However, iron ore futures have been trending weak recently.



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