According to the latest data from SMM, the capacity utilization rate of domestic mines reached 61.9% last week, up 2.2 percentage points WoW. The production of iron ore concentrates reached 826,000 mt, an increase of 29,000 mt from the previous week. Meanwhile, the inventory of iron ore concentrates at mines decreased by 50,000 mt, with the total inventory currently at 315,000 mt.