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Tuesday, September 6, 2011

Chinese imported iron ore stocks hit record in week to Sept 2

Tuesday, 06 Sep 2011

Reuters quoted according to data from industry consultancy Mysteel said that inventories of imported iron ore at major Chinese ports rose 0.5% to a record 95.59 million tonnes by the end of this week.

Inventories originating in Brazil fell slightly but that was offset by increases in deliveries from India and Australia.

Following is a table showing iron ore port stock movements in the last seven days.

Country of OriginStockpilesChange
Total95.590.5
Australia38.120.6
Brazil22.97-0.6
India14.173.7

In million tonnes

(Sourced from Reuters)

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