WEEKLY: China mines iron ore output, stocks continue growing

Production activity among Chinese iron ore mining companies picked up further during the past week, although steelmakers' buying interest in ore materials cooled, Mysteel's latest survey showed.

The combined output of iron ore concs among the 186 mining and concentrating enterprises under Mysteel's tracking had risen for the third straight week to reach 469,500 tonnes/day during January 16-22, higher by 0.6% from the previous week. During the same period, the average capacity utilization rate among these 186