For July-December, China’s domestically-produced iron ore concentrates may reach 152-154 million tonnes, or up 6-8 million tonnes on year and resulting in an added supply of 13-15 million tonnes for the whole 2021, as the domestic iron ore mining operations are expected to be smooth after a bumpy H1, and the newly-commissioned projects will be able to deliver products to the market, Mysteel shared its outlook.
Mysteel has cut its projection on added domestic iron ore
supplies for the whole 2021 from the original 20 million tonnes, as for H1, the
domestic mines’ productionhad been seriously affected by the mining accidents, growing only 6.8
milllion tonnes on year to 136 million tonnes.
For H2, “the adverse impact of environmental protection