WEEKLY SUMMARY: China's iron ore prices remain mixed, coke prices dip

Imported iron ore prices in China continued to track apart for port stocks and seaborne cargoes during October 19-23, albeit with marginal changes, while domestic coke prices edged lower.

Combined daily hot metal production by the 247 blast-furnace (BF) steelmakers under Mysteel's tracking dropped for the second straight week to an average of 2.32 million tonnes/day over October 15-21, down 0.6% on week. Mills' restocking demand for feed materials remained weak despite a slight improvement in their profit