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BI-WEEKLY: China mills' iron ore stocks up on less use

ABSTRACT

Over October 8-20, stocks of imported iron ore sintering fines at China's 64 steel mills under Mysteel's bi-weekly survey rebounded from the previous decline, up 664,800 tonnes or 4.5% in two weeks to 15.37 million tonnes, though still 877,400 tonnes or 5.4% lower on year, partly as their daily consumption decreased.
Over the survey period, these mills' daily consumption of imported sintering fines declined for the fourth survey period to 485,600 tonnes/day in total on average, or down 21,400 t/d or 4.2% in two weeks, as many mills are still under curbing due to power rationing, control over power-intensive enterprises or

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