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China Daily reports inventories of iron ore at 25 of China’s major sea ports rose to 95.38 million metric tons according to the Xinhua-China Iron Ore Price Index.
China Daily reports inventories of iron ore at 25 of China’s major sea ports rose to 95.38 million metric tons according to the Xinhua-China Iron Ore Price Index.
The market news is quoted as saying,
Stocks of imported iron ore last week were 450,000 metric tons higher than one week earlier, or up 0.47 percent week-on-week, according to the index. The index is compiled by the Xinhua News Agency to track iron ore inventories and imports on Chinese spot markets.