Iron ore arrivals at Chinese ports to dip

SHANGHAI, Aug 6 (SMM) – Some 66 vessels with 8.89 million mt of iron ore are expected to arrive at major Chinese ports during August 3-9, down 90,000 mt from 8.98 million mt during July 27 to August 2, SMM data showed.

For the same period, volumes of iron ore departing Australian ports are likely to decrease 380,000 mt to 15.12 million mt and those leaving Brazilian ports arelikely to shrink by 250,000 mt to 7.67 million mt. Port maintenance accounted for the declines.