WEEKLY: China mines' iron ore output, stocks continue rising

Production of iron ore concentrates among Chinese mining companies expanded further last week, with more mines being brought back into operation after maintenance stoppages, while mine-side stocks of iron ore concs accumulated as well, Mysteel's latest survey showed.

The total daily production of iron ore concs among the 186 mining and concentrating enterprises nationwide under Mysteel's tracking increased for the second straight week to average 479,000 tonnes/day over April 10-16, higher by 1,300 t/d or 0.3% on week, while their average capacity utilization rate also climbed 0.2