As of December 2, 2013, the total amount of iron ore raw materials in 25 main ports of the PRC amounted to 83 million 770 thousand tons, which is 3.28 percent higher than in the last week of November. This was reported by the news agency Sinhua.
The iron ore price index with 62 percent content in China amounted to 135 points, practically not changing from the end of the last month. 58 percent ore costs 122 index points on the scale of the Sinhua-KNR agency.
In general, the Chinese iron ore market these days is stable and balanced. Market participants do not foresee strong price fluctuations until the spring of 2014.
Ruda reserves in Chinese ports in early December increased by 3.28 percent
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