[Iron Ore] China Iron Ore Production down 7.8% YoY in June

According to data tracked by SMM, 78 ships arrived at domestic main ports during August 9-15. Arrivals of cargoes are estimated to stand at 12.49 million mt, down 2.68 million mt from the previous week, and a decrease of 2.32 million mt from the same period last year.

Mill demand rose as rebar futures rose over yesterday. DCE iron ore futures showed some volatility.

As per statistics of SMM Steel, up to Dec.1st, inventory at 35 ports reaches 131.65 million tons, rising 1.41 million tons on weekly basis.

There was an uptick in activity in the spot iron ore market on Friday, though most transactions were on and index-linked basis, according to the Steel Index.

China’s iron ore were mixed in the week ending May 19, and what’s price outlook for this week？

Prices for domestic ore in China’s iron ore market are expected to rise this week, Shanghai Metals Market predicts.

Iron ore prices continued their upward ascent during February, buoyed by gains in steel prices and better profitability at Chinese mills, reported The Steel Index.

Vale S.A. (Vale) delivered a sound operational performance in 2016, according to its statement in an e-mail to SMM.

The price of iron concentrate in China’s domestic spot market is expected to head into declines this week, Shanghai Metals Market’s ferrous branch Steelease foresees.

Vale S.A. (Vale) reported a strong operational performance in iron ore and nickel during the first quarter of 2015, according to its latest performance report in an e-mail to SMM.