MMi Daily Iron Ore Report (November 27)

Published: Nov 27, 2020 18:14
As of November 27, iron ore inventories across 35 ports tracked by SMM totaled 119.08 million mt, a decrease of 1.16 million mt from the previous week and an increase of 4.92 million mt year-on-year. This marked three consecutive weeks of decline. Daily average deliveries from the 35 ports decreased 31,000 mt on a weekly basis to 2.93 million mt this week.

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

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