WEEKLY: Chinese mines' iron ore output, stocks keep rising

Production of iron ore concentrates among Chinese mining enterprises increased further in the past week as the recovered ore demand from steelmakers continued to lift domestic miners' production activity, Mysteel's latest survey showed.

The daily combined output of iron ore concs among the 186 domestic mining companies under Mysteel's regular tracking increased for the second straight week to reach 473,500 tonnes/day over February 21-27, though it was up by a smaller 0.6% on week. During the same period, the capacity utilization rate among