[SMM Iron Ore Inventory] Port Inventories Accumulate Again; Divergence Seen Across Product Grades

Published: Feb 26, 2026 17:46

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According to an SMM survey dated 26th February, total iron ore inventories across the 10 major ports monitored by SMM reached 118.87 million tonnes, marking an increase of 2.13 million tonnes from the pre-holiday level. A divergence in stock levels was observed among the four main product categories: inventories of coarse fines and lump ore recorded a slight accumulation, whereas stocks of concentrate and pellets experienced a minor destocking.

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