[ferro-alloys.com] Iron ore stocks across 35 Chinese ports increased by 720,000 mt week on week to 140.34 million mt as of Friday July 27. Daily average deliveries from ports fell 148,000 mt week on week to 2.35 million mt.
Torrential rains and typhoon Ampil in Shandong province affected unloading and deliveries at local ports. Daily average deliveries from Qingdao port and Rizhao port fell significantly. Stocks at Rizhao port also dipped.
Port stocks in Tangshan changed little as arrivals remained stable. Daily average deliveries from Jingtang port remained unchanged. Daily average deliveries from Caofeidian port dipped as nearby steel mills were subject to output or transport controls.
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- [Editor:Wang Linyan]
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