Operating rates at Iron Ore Mines in Hebei and Tangshan Rose

In April, the capacity utilisation rates in Hebei rose slightly. The explosives supply at some large state-owned mines resumed, and some private open-pit iron ore mines in Chengde successfully resumed production after passing inspections.

More mines will pass the inspections in May and capacity utilisation rates will rise further.

In Tangshan, due to the impact of the accident last year, the acceptance inspection on local mines and approval of production resumption were relatively slow. Private mining enterprises were still going through assessment and rectification, while some local state-owned mines who secure the approval, saw their explosives supply return to normal. This increased their production. Beneficiation plants incurred losses due to the weak market in April, and some of the plants decided to halt production for a while.

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