+
As of
Nov. 25, iron ore stock at the Shanghai Luojing Port reached 1.6 million tons,
Ningbo Beilun Port with 2.9 million tons, and Jiangsu Lianyungang Port with 7
million tons. Numbers are still high even though there have already been
decreases in stock.
+
The
tightening funding chain for domestic steel companies’ forces many of them to
choose “zero inventory” as their way of operation. More raw materials are being
stored at ports and slow picks up cause inventories to accumulate.
+
Related
Data: Total Stock at Luojing Port, Iron Ore Stock from Australia at
Luojing Port, Average Daily Cargo Transport Volume at Luojing Port
The total stock at Luojing Port on weekend is increasing gradually.
The average daily cargo transport volume of imported
ore stock at Luojing Port remained unchanged.
For more data of iron
ore industry and companies, please visit www.chinascopefinancial.com
Other News Headlines
- MOHURD: Property Purchase Restrictions Will Not be Loosened Soon
- Steel Industry Profitability Drops to Record Low, 25 Companies See Losses
- More Subsidy for Wind Power Price Will be Introduced
- Experts: Medical Reform Should Push the Localized Production of Medical Instruments
If you'd like to receive a daily e-mail update of ChinaScope Daily Dim Sum Newsletter, please contact us: newsletter@chinascopefinancial.com. If you'd like to try out ChinaScope Database, apply for a trial here.
No comments:
Post a Comment