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Why Iron Ore Port Inventories Barely Budged from Record Highs

Annie Gilroy
Why Iron Ore Port Inventories Barely Budged from Record Highs

In this article, we’ll look at China’s iron ore port inventories and what they suggest for iron ore prices. The inventories at port reflect the difference between demand and supply. Usually, if iron ore isn’t used up by steel mills, it piles up at ports. Therefore, increasing inventories reflect weak demand and vice versa.