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

Production of iron ore concentrates among Chinese mining companies continued to edge higher over the past week, driven by resumed operations at some mines in North and East China, Mysteel's latest survey showed.

Total daily production of iron ore concentrates among the 186 mining and concentrating enterprises under Mysteel's tracking nationwide increased for the third straight week to average 465,500 tonnes/day during June 19-25, up 0.8% from the previous week. The average capacity utilization rate of these 186 sampled companies also climbed 0.5