MMi Daily Iron Ore Report (March 5)

Published: Mar 5, 2021 18:24
As of March 5, iron ore inventories across 35 ports tracked by SMM totaled 120.86 million mt, an increase of 1.22 million mt from the previous week and 10.7 million mt year-on-year. Daily average deliveries from the 35 ports decreased 190,000 mt on a weekly basis to 2.47 million mt last week as Tangshan banned port transport from March 3 to March 6 amid stricter environmental protection restrictions.

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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