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Home / Metal News / Great Increase for Iron Ore Inventory at Ports: 1.55 Million Tons More than Last Week

Great Increase for Iron Ore Inventory at Ports: 1.55 Million Tons More than Last Week

Nov 24, 2017 09:58

Source:SMM

As per statistics of SMM Steel, up to Nov.24th, total iron ore inventory at 35 ports reaches 130.24 million tonnes.

SHANGHAI, Nov.24 (SMM)－As per statistics of SMM Steel, up to Nov.24^th, total iron ore inventory at 35 ports reaches 130.24 million tonnes, up 1.55 million tonnes compared with last week. Daily average

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The Domestic Iron Ore Market to Remain Sluggish

The domestic iron ore concentrate price index stood at 802.37 yuan/mt last week, a drop of 6.7% from a week ago. The prices in various regions fell by 0-130 yuan/mt. The supply and demand both weakened.

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The Domestic Iron Ore Market to Remain Sluggish

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SMM Comments

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Overall hot-rolled coil inventories in China, as of Thursday May 3, dropped 1.8% from a week ago and 22.9% from a year ago to register at 3.24 million mt

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Iron ore port inventory up 3%

Iron ore inventory at 35 Chinese ports amounted to 146.47 million mt as of Friday February 23, SMM data showed.

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As per statistics of SMM Steel, up to Dec.1st, inventory at 35 ports reaches 131.65 million tons, rising 1.41 million tons on weekly basis.

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SMM Insight

Iron Ore Evacuation Continues to Increase This Week

Shanghai Aluminium Inventories Setting Record High

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SMM: Aluminium Ingot Inventories in Seven Places Rise 9,000 Tonnes on Weekly Basis

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SMM Insight

Shanghai Inventories Increasing over 10,000 Tonnes

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Great Increase for Iron Ore Inventory at Ports: 1.55 Million Tons More than Last Week

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