WEEKLY: China mines' iron ore output, stocks rise further

Production of iron ore concentrates among Chinese mining companies continued to expand during the past week with more mines resuming operations after maintenance stoppages, while mine-side concs inventories also accumulated further, Mysteel's latest survey showed.

The combined output of iron ore concs among the 186 mining and concentrating enterprises under Mysteel's tracking rose for the second straight week over January 9-15, up by 10,200 tonnes/day or 2.2% on week to reach 466,700 t/d, while their average capacity utilization rate also climbed by 1.3 percentage