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SMM statistics showed that the iron ore inventories across the 35 ports in China totalled 136.26 million mt as of March 3, down 1.85 million mt WoW and 13.81 million mt YoY. The shipments of iron ore from the ports have risen for five consecutive weeks. Last week, the weekly average shipments from the ports added 16,000 mt WoW to 3.09 million mt.
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