As of April 24, inventory of iron ore at 33 major Chinese ports amounted to 119.79 million mt, down 0.7 million mt or 0.58 percent compared to the inventory level recorded on April 17, as announced by China's Xinhua News Agency.
As of the same date, the Xinhua-China Iron Ore Price Index for imported iron ore with 62 percent iron content was at 68 points, up one point week on week. Meanwhile, the Xinhua-China Iron Ore Price Index for imported iron ore with 58 percent iron content was at 56 points on the date in question, also increasing by one point week on week.