China's Iron Ore Stockpile at Major Ports Shrunk for 4 Straight Months

摘要

According to the China Iron & Steel Association (CISA), the country's stockpile of iron ore at major ports stoodat 145.16 mil tons as of September-end, marking the fourth straight month of declines. The stockpile decreased by 2.17mil tons (1.5%) month-on-month (m/m), but increased year-on-year (y/y) by 11.59 mil tons (8.7%).