The iron ore inventories across ten major ports in China dropped 1.6% from a week ago to 91.58 million mt this week. According to SMM data, 190 ships arrived at domestic ports from March 18 to March 24. During this period, shipments from Australia decreased from 15.73 million mt to 14.29 million mt, and those from Brazil dropped from 2.32 million mt to 1.31 million mt.
Source: SMM Information & Technology