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Article: China's iron ore stockpiles up to 42.55 mln tons last Friday.
- Article from:
- China Business News
- Article date:
- April 16, 2007
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China's iron ore stockpiles up to 42.55 mln tons last Friday
Shanghai. April 16. INTERFAX-CHINA - China's iron ore stockpiles in 23 major ports reached 42.55 million tons on Friday, April 13, up 0.66 million tons or 1.57 percent compared to the Friday, April 6 level. The figure includes a 7.59 percent increase of Indian concentrate to 8.93 million tons.
The increase was mainly due to an increase in imports from Australia and Brazil, spurred by the newly-contracted annual price, which was implemented on April 1.
The delivery price of Indian concentrate grading 63.5 percent stayed at RMB 800 ($103.63) per ton last Friday, while 62 percent grade ...