WEEKLY: China's domestic iron ore concs prices rise on recovering demand

After a decline in the previous week, Chinese prices for domestically-produced iron ore concentrates rebounded across most production regions last week, driven mainly by recovering demand from steelmakers, according to Mysteel's latest survey.

As of November 14, the offering price for 65% Fe grade concentrates in Chengde, North China's Hebei province, was assessed at Yuan 955/dmt ($134.4/t) EXW, including 13% VAT -- up 0.5% from a week earlier. Production activity among Chinese blast-furnace (BF) steelmakers improved last week, particularly in Hebei province where