WEEKLY: China's iron ore output falls further, prices mixed

Production of iron ore concentrates among Chinese mining companies continued to decrease during the past week with more mills starting overhauls, the results of Mysteel's latest survey showed. Meanwhile, prices for domestic iron ore concentrates tracked apart in major producing areas, according to the survey.

During April 24-30, the total daily production of iron ore concs among the 186 mining and concentrating enterprises nationwide under Mysteel's tracking averaged 472,600 tonnes/day, falling for the second straight week by 1.2%, while their average capacity utilization rate also dropped 0.8 percentage point on week to 60.5%. The output