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Home / Metal News / Iron ore port inventory shrinks for third consecutive week

Iron ore port inventory shrinks for third consecutive week

iconApr 20, 2018 12:32
Source:SMM
Iron ore inventories at 35 major Chinese ports as of Friday April 20 shrank 890,000 mt from a week ago and marked a third consecutive week of decline. Inventories stood at 146.88 million mt

SHANGHAI, Apr 20 (SMM) – Iron ore inventories at 35 major Chinese ports as of Friday April 20 shrank 890,000 mt from a week ago and marked a third consecutive week of decline. Inventories stood at 146.88 million mt as of April 20, SMM data showed.

Volumes delivered from ports this week grew up 45,000 mt from a week ago to stand at 2.48 million mt.

 

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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