WEEKLY: China mines' iron ore output, stocks both slip

After weeks of steady increases, iron ore concentrates output among Chinese mining companies dropped last week, mainly reflecting maintenance stoppages at a major mine in Southwest China, according to the results of Mysteel's latest survey.

During March 20-26, the combined production of iron ore concentrates among the 186 mining and concentrating enterprises nationwide under Mysteel's tracking dipped by 3,100 tonnes/day or 0.7% on week to 472,100 t/d on average, with their average capacity utilization rate also inching lower by 0.39 percentage point on week