Iron Ore Concentrate Inventory of Mines In South-West China Decline in March

SHANGHAI, Apr 10 (SMM) – In March, the concentrate inventory of mines in south-west China decreased from February, mainly because the recovery of transportation and enhanced cost performance allowed for smooth shipments. The inventory decline in Yunnan was driven by the recovery of local transportation, while that in Sichuan was mainly thanks to growing demand after local steel mills’ profit margins improved.