[SMM Iron Ore Inventory] It's a Turning Point of China Iron Ore's Inventories at Major Ports Start Decline

Published: Feb 12, 2026 17:51

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According to the latest survey conducted by SMM on 12 February, total inventory across the 10 monitored ports stood at 116.74 million tonnes, representing a decline of 1.05 million tonnes compared to the previous period. In terms of specific product categories, stocks of coarse fines and concentrates experienced a marginal accumulation. Conversely, inventories of lump ore and pellets registered a slight destocking.

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