The iron ore inventories across 35 ports tracked by SMM totaled 129.29 million mt, a decrease of 330,000 mt from the previous week, but up 14.24 million mt year-on-year. The arrivals of imported iron ore at ports increased, but the efficiency of port deliveries has been restricted, driving down the port inventory.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.