WEEKLY: China mills' imported iron ore stocks at 2-m low

Inventories of imported iron ore sintering fines held by Chinese blast-furnace (BF) steelmakers continued to decline in the past week due to the waning feed restocking demand among mills, Mysteel's latest survey showed.

By November 19, the total stocks of imported fines for sintering held by the 64 BF mills under Mysteel's tracking dropped for the second straight week to touch a more than two-month low of 12.4 million tonnes, down by 367,700 tonnes or 2.9% on week. Steelmakers' buying interest in imported