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MMi Daily Iron Ore Report (August 7)
SMM data showed that iron ore stocks across 35 Chinese ports totalled 105.93 million mt as of August 7, down 950,000 mt from a week ago and 1.92 million mt lower than a year ago. This marked the first decline following seven consecutive weeks of growth.
Aug 7, 2020 18:14CST
Data: SHFE, DCE market movement (Aug 7)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on August 7, 2020
Aug 7, 2020 15:49CST
Operating rates of blast furnaces across Chinese steelmakers dipped 0.25 percentage point on week.
Operating rates of blast furnaces at Chinese steelmakers dipped this week, as some mills conducted routine maintenance.
Aug 7, 2020 13:52CST
Exclusive: Stainless steel output rose 2.56% MoM in July, and to remain high in August
Stainless steel output continued to increase in July, hitting a new year high.
Aug 7, 2020 12:24CST
Macro Roundup (Aug 7)
Nonferrous metals rose for the most part, and glod prices scaled new heights on Thursday.
Aug 7, 2020 08:48CST
MMi Daily Iron Ore Report (August 6)
DCE iron ore futures market kept recording new high and the physical port stock prices followed up closely. PBF was concluded at 905-910yuan/mt in Shandong market and that in Tangshan market hit 900yuan/mt, some mills have to accept this current high prices due to the on-demand procurements.
Aug 6, 2020 18:24CST
Data: SHFE, DCE market movement (Aug 6)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on August 6, 2020
Aug 6, 2020 15:40CST