WEEKLY: China miners' iron ore output retreats, stocks swell

After a two-week rise, production of iron ore concentrates among Chinese mining companies pulled back slightly in the past week, with the reduction being observed mainly in North China, Mysteel's latest survey showed.

Total daily production of iron ore concentrates among the 186 mining and concentrating enterprises under Mysteel's tracking averaged 437,300 tonnes/day during August 14-20, down by 3,300 t/d or 0.8% from the previous week. During the latest survey week, the average operational rate among these 186 companies fell by 0.4 percentage