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    iron investing

    Iron Ore Stocks Continue to Rise Last Week

    Investing News Network
    Jul. 19, 2011 11:28PM PST
    Base Metals Investing

    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.

    For the complete market news, click here.

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