MMi Daily Iron Ore Report (August 27)

Published: Aug 27, 2021 17:11
As of August 27, iron ore inventories across 35 ports tracked by SMM totalled 121.46 million mt, up 1.12 million mt from a week ago and 14.18 million mt from a year ago. Daily average deliveries from the 35 ports increased 26,000 mt on a weekly basis to 2.70 million mt last week. Prices of imported ore stopped falling and stabilised. period, while steel mills bought on their demand.

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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