SHANGHAI, Sep 14 (SMM) – Iron ore stocks across 35 Chinese ports decreased 750,000 mt over the week ended September 14 to 136.07 million mt with fewer arrivals at major ports, SMM data showed.
Meanwhile, daily average deliveries departing those ports gained 24,000 mt to 2.628 million mt as some steelmakers in north-east and north China began to stockpile for the upcoming winter. Daily average volumes leaving Tianjin and Dandong ports grew this week.
Daily average deliveries departing ports in Shandong province held steady while daily average deliveries departing Jingtang and Caofeidian ports in Tangshan dropped some 40,000 mt. Caofeidian saw some environmental probes and part of Jingtang port closed briefly.
