As heating season production cuts are going according to their original plan, SMM

Physical iron ore port stock quotes edged up today as mills conducted their

Mills tentatively bid lower given steel prices keep declining though few traders

Most iron ore port stock transactions were flat over last Friday. Physical and

Port stocks of iron ore are unlikely to grow next week as arrivals across major Chinese ports

Following yesterdays market activity, the physical iron ore market was relatively quiet.

Vale has announced it received court approval on March 19 ( Brazil time) to resume Brucutu operations, but it is still waiting for environmental clearance from Minas Gerais’s environmental secretary. Iron ore DCE Futures market tumbled down in response to this news. Despite the news, traders tried to hold back material, especially with some mills still under production restrictions. According to SMM, the current iron ore supply and demand dynamic has not changed even though Vale is approved to resume production so soon, with prices being driven by sentiment. Source: ...

Despite early strength in the physical iron ore port market, transactions fell away as

Vale was requested to close its Timbopeba mine operations last Friday (Mar.15, 2019),

As of Friday March 15, iron ore stocks across 35 Chinese ports grew 560,000 mt from a week ago to 136.37 million mt,

Tangshans weather bureau lifted its smog red alert in two key areas on 20:00 CST Wednesday March 13.

Traders held firm on their offers, with some inching theirs higher along with the rising early morning DCE market, though

Most physical port stock quotes were relatively stable, increasing only when the DCE futures market rose. Mills today

The DCE iron ore futures market extended its recent fall, with news that Qinghuangdao announcement requiring mills

As of Friday March 8, iron ore stocks across 35 Chinese ports grew 2.24 million mt from a week ago to 135.81 million