Decline in Iron Ore Port Stocks in China to Slow Down

Published: Apr 7, 2023 15:07

Source: SMM

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SHANGHAI, Apr 7 (SMM) – Shipments from overseas mines will gradually recover with fading impact from bad weather, while iron ore demand may stop growing as pig iron production is about to peak.

SHANGHAI, Apr 7 (SMM) – Shipments from overseas mines will gradually recover with fading impact from bad weather, while iron ore demand may stop growing as pig iron production is about to peak. In this context, port inventory is expected to drop at a slower pace in the future.

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