BI-WEEKLY: China's iron ore output rises, stocks dip

ABSTRACT

The 186 Chinese mining companies Mysteel surveys fortnightly continued to see their daily iron ore concentrates output increase over May 6-19, new data show, while their stocks of concentrates fell at the same time. The results reflected the production resumption at some miners and stronger buying for ore among steelmakers in North and East China where previous COVID-19 lockdowns were relaxed gradually, market sources said.