MYSTEEL: China's domestic iron ore concentrate production to increase in Q2

The Metallurgical Mines Association of China (MMAC) and Mysteel have jointly released data on domestic iron ore concentrate production and second-quarter output expectations. Key findings include:

Q1 Production Rebounded from Lows Domestic iron ore concentrate production was 22.66 million tonnes in January, down 1.3% on-month and 3.4% on-year. According to Mysteel's weekly survey, mining operation rates rose to 60.65% by late February, up 1.6 percentage points from January, with March production expected to return to last-year's