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WEEKLY: China's iron ore port stocks build to 137 mlt t

ABSTRACT

Over July 29-August 4, inventories of imported iron ore at 45 Chinese major ports under Mysteel's survey continued mounting since early July, up by another 1.7 million tonnes or 1.3% on week to 137 million tonnes, with more arrivals to these ports despite the recovery in the daily discharge rate.
Mysteel's other shipment survey found that these 45 ports received around 21.7 million tonnes of iron ore during July 25-31, with the volume rebounding by 1.1 million tonnes or 5.6% on week from the prior two weeks of drops.   On the other hand, some Chinese steelmakers who had plans to resume their blast

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