China Iron Ore Inventory at Ports: Up 22% in 2017

SHANGHAI, Nov.21 (SMM)－China iron ore inventory at ports has increased during past seven out of eight weeks. In last week the figure rose to 138.48 million tonnes by 0.4% on weekly basis, setting new high since August. As per this tendency, the inventory will be close to the historic record of 141.5 million tonnes set in June. This year has seen a total 22% growth for inventory at ports.

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.