Iron Ore Ultimate Health Chart, page-9

Hi All,

IO stocks up 2.7% on week at mills.

Once IO port stocks and capacity utilisation % at mills is released later today, we will get further indication of the current health of the IO market.

SMM usually release rebar inventories at mills later on today also.

I will update table sometime over the weekend

Cheers

China steel mills cautiously up iron ore fines stocks​

Source：Mysteel​

Nov 22, 2019 09:30​

See Full-size Table Here​

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Some Chinese steel mills have cautiously increased imported iron ore fines stocks over November 14-20 amid the rises in steel margins, and the inventories of imported sintering fines at 64 small and medium-sized steelmakers across China under Mysteel’s regular survey, thus, recovered 404,200 tonnes or 2.7% on week to 15.5 million tonnes as of November 20.​

“Over the past week, spot iron ore trading warmed up in general, as the domestic steel market sentiment has improved with the domestic steel price rises, and many Chinese steel mills, with little surprise, feel more confident in stocking up some iron ore inventories at the plants,” a Shanghai-based steel