The overall transaction in the Liaoxi market remains sluggish, with the ex-factory prices of 66-grade wet basis excluding tax at 720-730 yuan/mt. Out-of-town traders have demand for low-titanium powder, but due to profit constraints, they offer low inquiries. Some beneficiation plants, considering cash flow, make small transactions at market-following prices, with shipments sent to Hebei. Local steel mills show no significant willingness for winter stockpiling, and demand is lower than in previous years. Meanwhile, traders' concerns about the market outlook are not overly strong, and transactions continue to be weak. Overall, considering that the shutdown and maintenance of local steel mills' blast furnaces are not significant, the demand for local iron powder will still have some support in the future. It is expected that in the short term, local iron powder prices may continue to fluctuate.
[Brief Review of Domestic Iron Ore] Prices of Iron Ore Concentrates in the Western Liaoning Region May Continue to Fluctuate
- Jan 02, 2025, at 5:49 pm
Domestic Iron Ore Brief: Iron Ore Concentrates Prices in Western Liaoning May Continue Fluctuating
The overall transaction in the Western Liaoning market remains sluggish, with the ex-factory price of 66-grade wet basis iron ore concentrates excluding tax at 720-730 yuan/mt. Out-of-region traders have demand for low-titanium concentrates, but due to profit constraints, they offer low bids. A few beneficiation plants, considering cash flow, make small transactions at market-following prices.
