SHANGHAI, Sept. 1 (SMM) – Iron ore stocks at 35 major ports in China have been falling for six weeks in a row, according to SMM statistics.
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As of August 31, iron ore stocks at 35 major ports totaled 125.54 million tonnes, down 730,000 tonnes week-on-week, with the decline narrowing.
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The daily average ore pick-ups from ports dropped 70,000 tonnes on a weekly basis to 2.66 million tonnes.
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