MMi Daily Iron Ore Report (July 16)

Published: Jul 16, 2021 18:15
As of July 16, iron ore inventories across 35 ports tracked by SMM totalled 117.45 million mt, up 710,000 mt from a week ago and 12.25 million mt from a year ago. Daily average deliveries from the 35 ports dropped 97,000 mt on a weekly basis to 2.53 million mt this week as crude steel output cut policy constrained steel mill purchase.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
MMi Daily Iron Ore Report (July 16) - Shanghai Metals Market (SMM)