FMG 0.83% $18.29 fortescue ltd

Iron ore price, page-17519

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    Just released. A precursor to the already critically low steel inventories from the previous update on Monday. (Above)

    Chinese traders’ steel stocks drop to one-year low
    Source:MysteelNov 15, 2019 14:00See Full-size Table Here
    Five major finished steel stocks at the Chinese traders in 35 major cities under Mysteel’s weekly survey fell a low since December 28 2018, reaching 8.3 million tonnes after having shrunk for the sixth straight week over November 8-14, or down another 6% on week, according to Mysteel’s weekly stocks survey.
 
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