Imported iron ore stockpiles rise
Updated: 2013-09-18 09:20
(Xinhua)
|
|||||||||||
BEIJING -- Stockpiles of iron ore at 25 major ports in China rose last week as market participants continued their wait-and-see attitude, according to a Tuesday report by the Xinhua News Agency.
Inventories of imported iron ore stood at 74.32 million tons from September 10 to September 16, up 0.06 percent from the previous week, according to the report.
The price index for iron ore imports with a 62 percent purity grade stood at 135. The index for iron ore imports with a 58 percent purity grade reached 125.
The report said that due to tight supplies of iron ore, ore dressing manufacturers and traders had showed a strong willingness to support prices.
Despite the arrival of the traditional peak season for steel consumption, demand for steel products failed to meet market expectations and remained weak, according to the report.
Related Stories
Iron ore futures get CSRC go-ahead 2013-09-14 09:50
China may launch its own iron ore futures 2013-07-31 17:37
Imported iron ore stockpiles decline 2013-07-24 10:17
Iron ore miners face lackluster demand 2013-07-16 07:13
Increase in iron ore imports 2013-07-10 19:51
Today's Top News
Innovation should drive reform: Premier Li
EU ready for talks with China on investment pact
Don't meddle in HK's affairs, China warns UK
Education elusive for children with disabilities
FDI keeps increasing in August
Health bureau to probe milk powder bribe claim
Space station to open for foreigners
Fine-particle pollution climbs in Aug
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Xinjiang scores on the national stage at last |
Happily ever after until the divorce |
Cure sought for the medical sector's ills |
Hanban shops around for a wider choice |
Africa looks to the Orient for lessons |
Urban push |