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

After a temporary retreat in the previous week, production of iron ore concentrates among Chinese mining companies rebounded again during August 21-27, with mine-side inventories rising in parallel, Mysteel's survey showed.

In the latest survey period, the total daily production of iron ore concentrates among the 186 mining and concentrating enterprises under Mysteel's tracking averaged 443,200 tonnes/day, higher by 5,900 t/d or 1.4% from the previous week. Over the same period, the average operational rate among these 186 companies also increased