WEEKLY: China miners' iron ore output stable but stocks build

Production of iron ore concentrates among Chinese mining companies held steady during the past week, as mine restarts and maintenance-related halts largely offset each other, the results of Mysteel's latest survey showed. Mine-side stocks continued to build for a second consecutive week, however.

Total daily production of iron ore concentrates among the 186 mining and concentrating enterprises under Mysteel's survey nationwide was largely unchanged on week during October 9-15 at an average of 443,600 tonnes/day, down by just 100t/d from the prior week. The average capacity utilization rate of these 186 companies nudged