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

After a two-week rise, production of iron ore concentrates among Chinese mining companies retreated slightly during the past week, with the reduction being observed mainly in the northern regions of the country, 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 averaged 478,400 tonnes/day during April 17-23, lower by 0.1% from the previous week, while their capacity utilization rate also dipped 0.1 percentage point on week to reach 61.2% on average. Some