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China Iron Ore Port Inventories Fall for 2nd Straight Week, SMM Reports
Jul 7, 2017 11:38Source:SMM
China’s iron ore inventories kept falling this past week, marking the second-straight-week decline.
SHANGHAI, Jul. 7 (SMM) – China’s iron ore inventories kept falling this past week, marking the second-straight-week decline.
According to SMM data, iron ore inventories at the 35 domestic ports were 132.71 million tonnes in the week ending Jul. 7, down 1.53 million tonnes on a weekly basis.
Open-pit Mine Capacity in Hebei to Fall 8-13 per cent by 2018 after Inspections, SMM Forecasts
Daily outward shipments of iron ore from ports, however, were up 68,000 tonnes week-on-week to 2.61 million tonnes, SMM data showed.
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