WEEKLY: China's domestic iron ore concs prices weaken

Chinese prices for domestically-produced iron ore concentrates moved downward last week across the country's major production regions amid cooled market sentiment, the results of Mysteel's latest survey showed.

The domestic ferrous market came under pressure again during the past week as the macro policy signals from Beijing's two-day Central Economic Work Conference, which concluded on Thursday, were not so strong as the market had expected, Mysteel Global noted. Reflecting the soured sentiment, the most-traded iron ore contract for May delivery