NOTE: No news updates over Sept 20-21 due to the Mid-Autumn Festival in China.
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BI-WEEKLY: China mills’ iron ore stocks, use both rise

ABSTRACT

Stocks of imported iron ore sintering fines at the 64 Chinese steel mills under Mysteel’s regular survey reversed up over July 1-14 after having declined since late May. The steelmakers’ daily consumption of fines also picked up during the same period.
During the surveyed two weeks, inventories of imported fines at these mills mounted by 556,700 tonnes or 3.4% on fortnight to reach 16.09 million tonnes in total, while the steelmakers’ daily consumption also surged by 316,300 tonnes/day or by a huge 139%, the data show. “Most steel mills, especially those in North China’s Hebei and

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