WEEKLY: China's domestic iron ore concs prices mixed as mine output slips

Production of iron ore concentrates by Chinese mining companies remained subdued last week, reflecting the miners' continued controls on production. However, regional prices of the feed material diverged, with gains showing in some areas and declines in others, Mysteel's latest survey results showed.

During December 26-31, the combined daily output of iron ore concs among the 186 mining and concentrating enterprises under Mysteel's tracking averaged 433,300 tonnes/day, down for the sixth consecutive week though the latest on-week drop was slight at 0.1%. Over the same period, the average capacity utilization rate of these