Iron Ore Inventories at China Ports Fall for Ninth Consecutive Week

SHANGHAI, Sept. 22 (SMM) – Iron ore inventories at China’s ports kept falling this past week, Shanghai Metals Market data show, marking the ninth consecutive week’s decline. 

As of September 22, iron ore inventories at 35 domestic ports were 123.50 million tonnes, down 940,000 tonnes from the level of 124.43 million tonnes a week earlier, according to SMM data. 

Over this past week, the average daily outward volumes from ports fell 18,000 tonnes to 2.65 million tonnes, down for two weeks in a row. 

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