China mines’ iron ore concs stocks build to 3-mth high

Iron ore concentrate stocks held by the 186 Chinese mining companies under Mysteel's regular survey reached a three-month high of 1.9 million tonnes as of February 25, even though output during the period had eased. Disruptions to iron ore concentrate deliveries from mines to mills and softened demand in some regions contributed to the increase in stocks, according to survey respondents.