China Sees Big Drop in Iron Ore Inventories, SMM Reports

Published: Aug 4, 2017 11:22

Save

China’s iron ore inventories at ports are down sharply as of Aug. 4 on a weekly basis, Shanghai Metals Market reports.

SHANGHAI, Aug. 4 (SMM) – China’s iron ore inventories at ports are down sharply as of Aug. 4 on a weekly basis, Shanghai Metals Market reports.

Construction Steel Inventories in Guangzhou Fall for 2 Weeks, SMM Reports

According to SMM data, inventories at the 35 domestic ports were 131.34 million tonnes as of Aug. 4, down 1.95 million tonnes on a weekly basis.

The daily average outflows from ports were 2.47 million tonnes this past week, down 146,000 tonnes, SMM data show.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

iron ore price iron ore inventory steel price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 4, 2026 18:42

Algeria Develops Iron Ore with New Railway Line Construction

Feb 4, 2026 18:42

Feb 3, 2026 17:47

A mine in Yunnan auctioned 96 mt of molybdenum concentrate on February 3.

[Transaction Information for Molybdenum Concentrates] SMM, February 3: It is reported that a mine in Yunnan auctioned and sold 96 mt of 40% molybdenum concentrates (copper 1–3%) on February 3, with the final transaction price at 4,115 yuan/mtu.

Feb 3, 2026 17:47

Feb 2, 2026 14:38

Open Negotiation Procurement for Stainless Steel Welding Rods (Second Time) Tender

Feb 2, 2026 14:38