WEEKLY: China mines' iron ore output holds steady, stocks fall

Production of iron ore concentrates among Chinese mining companies stayed stable during the past week, with mine shutdowns and restarts largely offsetting one another, while the mine-side stocks of concentrates slid further, Mysteel's latest survey showed.

During June 12-18, the total daily production of iron ore concs among the 186 mining and concentrating enterprises nationwide under Mysteel's tracking was largely unchanged on week at 461,800 tonnes/day on average, though the volume was 0.2% higher than the previous week. During the same period, the average capacity utilization