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Iron Ore Inventories Ease Slightly But Not Enough to Support Prices

Annie Gilroy
Iron Ore Inventories Ease Slightly But Not Enough to Support Prices

Iron ore port inventories in China reflect the balance between demand and supply. Usually, if iron ore isn’t used up by steel mills, it piles up at ports. Because this indicator helps provide a sense of the direction of iron ore prices, it’s important to track.