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Iron ore inventory across 10 major Chinese ports built up

iconFeb 22, 2024 17:33
Source:SMM
As of Feb 22, the iron ore inventory across 10 major Chinese ports tracked by SMM totaled 99.07 million mt. Port inventories picked up.

As of Feb 22, the iron ore inventory across 10 major Chinese ports tracked by SMM totaled 99.07 million mt. Port inventories picked up. During the CNY break, steel mills purchased less goods and demand weakened. Fines, iron ore concentrates, lump, and pellet stocks all built up.

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