As of August 13, iron ore inventories across 35 ports tracked by SMM totaled 118.65 million mt, up 200,000 mt from the previous week and 13.67 million mt year-on-year. Daily average deliveries from the 35 ports increased 141,000 mt on a weekly basis to 2.74 million mt this week. Arrivals at two major ports in Shandong soared by 60.7% to 6.3 million mt, and arrivals at two major ports in Tangshan surged by 51% to 4.32 million mt.