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

Iron ore port inventory shrinks for fourth consecutive week

iconApr 27, 2018 14:05
Source:SMM
Iron ore inventories across 35 major Chinese ports as of Friday April 27 fell for four consecutive weeks. This week saw a narrower decline

SHANGHAI, Apr 27 (SMM) – Iron ore inventories across 35 major Chinese ports as of Friday April 27 fell for four consecutive weeks. This week saw a narrower decline, inventories shrank 430,000 mt from a week ago to register at 146.46 million mt, SMM data showed.

Daily average volumes delivered from ports this week grew 40,000 mt from a week ago to stand at 2.523 million mt.

 

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