NOTE: There will be no news and data updates over January 31-February 4 due to the Chinese New Year holiday.
UTC+8 ( BJT)

BI-WEEKLY: China mines' iron ore stocks hit 20-mth high

ABSTRACT

Over December 31-January 13, iron ore inventories at the 186 Chinese mining companies under Mysteel's regular survey climbed to a 20-month high of 2.9 million tonnes, mainly due to the increased output at mines in North and East China, market sources said.
During the survey period, total stocks among the sampled mining companies which had been steadily growing since early November rose by a further 7.9% on fortnight or by another 212,900 tonnes.   Miners in North and East China have ramped up their production recently, leading to the build-up in their stocks, according

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