WEEKLY: China's domestic iron ore concs prices mixed

Chinese prices for domestically-produced iron ore concentrates followed diverged trends across the country's major production regions last week, as domestic supply and demand for iron ore concs both weakened, the results of Mysteel's latest survey showed.

"Many steelmakers have met their annual production goals for this year, so their demand for feed materials has waned," a market watcher observed. "Besides, the narrow profit margins on their finished steel also cooled the mills' buying interest in iron ore," he added. During November 27-December 3, the total consumption