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.
Macquarie Raises Iron Ore and Aluminum Price Forecasts on China Demand
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.
Rio Tinto Officially Opens Silvergrass Iron Ore Mine
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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