
China iron ore port inventories rose as demand fell on
SMM data showed that iron ore stocks across 35 Chinese ports increased 2.31 million mt in the week ended July 24 to 105.21 million mt larger than a 1.48 million mt gain in the previous week. SHANGHAI Jul 24 SMM – Inventories of seaborne iron ore at Chinese ports continued to trend higher thisChina expands port facilities for Brazil& 39;s iron ore supercarriers
The giant ships used by Brazil& 39;s Vale group the main competitor to Rio Tinto BHP and Fortescue Metals can carry almost double the amount of iron ore than those used by Australian miners.IRON ORE DAILY: Seaborne prices stable port sales reflect
Fastmarkets iron ore indices 62% Fe fines cfr Qingdao: $129.32 per tonne up $0.23 per tonne 62% Fe low-alumina fines cfr Qingdao: $128.59 per tonne up $0.20 per tonne. 58% Fe fines high-grade premium cfr Qingdao: $114.95 per tonne up $0.40 per tonne 65% Fe Brazil-origin fines cfr Qingdao: $136.70 per tonne unchangedHard border and thriving iron ore sector create two-speed
Lockdowns and travel restrictions have shuttered much of Australia& 39;s economy but in the iron ore town of Port Hedland in Western Australia& 39;s Pilbara region there is no sign of a slowdown.China’s appetite for iron ore prompts Brazilian miner Vale to
Brazilian iron ore mining giant Vale is in talks with the Alcantara Port Terminal on Brazil’s northern coast to increase iron ore shipments to China – a move that aligns with China’s recentMySteel Global - China& 39;s iron ore port congestion to ease by
Mysteel’s surveys also show the trend in iron ore handling. Over July 27-August 2 45 ports received around 25.28 million tonnes of iron ore deliveries higher by 6.8% on week. Nevertheless imported iron ore inventories at these ports reversed down on week after a six-week gain dipping by 0.5% to around 113.5 million tonnes by August 6.Previous: international standard mining equipment agitator tank
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