Global Iron Ore Shipments Increased 1.9% Week-on-Week to 31.45 Million mt during March 4-10

Published: Mar 13, 2023 16:34

Source: SMM

Save

SMM statistics showed that the global iron ore shipments totalled 31.45 million mt in the week ending March 10, an increase of 1.9% week-on-week.

SHANGHAI, Mar 13 (SMM) - SMM statistics showed that the global iron ore shipments totalled 31.45 million mt in the week ending March 10, an increase of 1.9% week-on-week.

The four major mining companies shipped a combined 21.98 million mt of iron ore last week, an increase of 418,000 mt from a week earlier.

Iron ore arrivals at Chinese ports increased 16.93% on a weekly basis to 23.7 million mt last week.

Import/Export

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 for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

11 mins ago

[POSCO to Invest $359 Million in New Automotive Steel Line]

POSCO will invest $359 million to build a continuous galvanizing line for automotive steel at its Gwangyang integrated steelworks. The facility will have an annual production capacity of 450,000 tonnes and become the site’s eighth continuous galvanizing line, raising POSCO’s total hot-dip galvanized steel capacity from 4.5 million tonnes to 4.95 million tonnes per year. It will focus on steel for automotive outer body panels.

11 mins ago

17 mins ago

[SMM Steel] EU Import HRC Offers Rise Further Despite Weak Demand

[European Union] The Northwest European HRC index rose by around USD 2/tonne to USD 855/tonne EXW, while the Italian index edged down to USD 850/tonne EXW. The Italian import assessment increased by around USD 6/tonne to USD 674/tonne CIF. An Indian mill offered material to Italy at approximately USD 714/tonne CIF, while Turkish coils were available at around USD 600/tonne FOB. Buying remained limited despite fewer supply options.

17 mins ago

Tender prices for ferromolybdenum from steel mills in multiple regions released at approximately 338,500 yuan/mt

[Molybdenum Flash] SMM, September 9: The latest ferromolybdenum tender price at a steel mill in Liaoning was 339,000 yuan/mt (acceptance), for 120 mt, with a delivery date of October 10. The latest ferromolybdenum tender price at a steel mill in Hebei was 338,500 yuan/mt (acceptance), for 120 mt. The latest ferromolybdenum tender price at a steel mill in Jiangsu was 339,000 yuan/mt (acceptance), for 60 mt.

17 mins ago