WEEKLY: China mills' imported iron ore stocks fall for 6th week

Inventories of imported iron ore sintering fines held by Chinese blast-furnace (BF) steelmakers declined further during December 11-17, as mills showed a weaker appetite for replenishment of the raw material in tandem with their lower feed ore consumption, Mysteel's latest survey showed.

During the latest survey period, total stocks of imported iron ore sintering fines at the 64 Chinese BF steel producers under Mysteel's tracking dropped by another 182,600 tonnes or 1.5% on week to 11.8 million tonnes, marking a six-week decline. Meanwhile, the usage of imported sintering ore fines among these