WEEKLY: China's domestic iron ore concs prices mixed

Chinese prices for domestically-produced iron ore concentrates tracked apart across major production regions over the past week, Mysteel's latest survey findings showed. While improved sentiment in the ferrous market underpinned ore prices last week, steel mills' demand for domestic iron ore concentrates remained lukewarm, according to the survey.

As of July 10, the offering price for 65% Fe grade iron ore concentrates in Tangshan in North China's Hebei province had picked up by 0.6% on week to Yuan 775/wmt ($114/wmt) excluding the 13% VAT, Mysteel assessed. The stronger performance of iron ore derivatives reflected a sentiment rally among