Shipments Arrivals Of Iron Ore At Domestic Ports Decreased Last Week but will Grow This Week

Published: Jun 19, 2023 17:16
Source: SMM
According to the data tracked by SMM, the arrivals at domestic ports last week decreased by 7.91% from the previous week.

According to the data tracked by SMM, the arrivals at domestic ports last week decreased by 7.91% from the previous week.

Shipments from Australia and Brazil are expected to increase significantly this week. Pig iron output will increase as some blast furnaces have plans to resume production. This will boost iron ore demand and drive shipments from ports.

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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