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Iron Ore Stocks at China Major Ports Fall for Six Consecutive Weeks 
Sep 1,2017 10:55CST
smm insight
Source:SMM
Iron ore stocks at 35 major ports in China have been falling for six weeks in a row, according to SMM statistics. 

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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