WEEKLY: China's domestic iron ore concs prices rise after holiday

Chinese prices for domestically-produced iron ore concentrates generally have strengthened across the country's major production regions as trading activity has picked up after the May Day holiday over May 1-5, Mysteel's latest survey showed.

During May 6-9, many steelmakers raised their buying prices for domestic iron ore to attract more deliveries from concs suppliers to replenish their feed inventories, Mysteel Global learned. The mills had been drawing down their own concs stocks to maintain normal operations during the national holiday. By May 6, for