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29 JUN 2026 MONDAY
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China’s iron ore concentrate prices may edge down slightly next week – Shanghai Metals Market (SMM) in Commodity News 22/06/2026 The domestic iron ore concentrates market slightly weakened this week, with regional performance diverging. Prices in Tangshan, Qian’an, and Qianxi in Hebei were basically stable; the Chaoyang, Beipiao, and Jianping areas in western Liaoning saw a slight decrease of 1-5 yuan/mt; while east China bucked the trend with an increase of 10-15 yuan/mt. Looking ahead to next week, according to SMM tracking, steel mill profits are expected to be under pressure again following the implementation of the seventh round of coke price increases. This week, the domestic iron ore concentrates market weakened slightly, with regional performance diverging. Prices in Tangshan, Qian’an, and Qianxi in Hebei remained basically stable; those in Chaoyang, Beipiao, and Jianping in western Liaoning edged down by 1-5 yuan/mt; while in east China, prices rose against the trend by 10-15 yuan/mt. Looking ahead to next week, according to SMM tracking, after the seventh round of coke price increase was implemented, steel mill profits came under pressure again, and hot metal production may face downward expectations, weakening demand support for iron ore concentrates. Coupled with iron ore futures in the doldrums, market sentiment was dampened. Domestic iron ore concentrates prices are expected to continue to edge lower slightly. Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM’s internal database model. They are for reference only and do not constitute decision-making recommendations. Source: SMM 2026-06-22 hellenicshippingnews... tweet Share
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news Hellenic Shipping News ·2026-06-22

China’s iron ore concentrate prices may edge down slightly next week – Shanghai Metals Market (SMM)

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